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Get your taxes done using TurboTax
It sounds like you applied for the grant in your name even though it was for the school?
In this situation, you would are the nominee. This means you must issue a 1099-NEC to the school for this income in order for you not to have to report the income. You can do this using TurboTax Quick Employer Forms. You can also do it on paper, but be sure you include the 1096 when you send in the 1099-NEC to the IRS.
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March 11, 2024
5:19 AM
1,407 Views