bcoates94
New Member

Get your taxes done using TurboTax

What if only part of the 1099-NEC amount is for a scholarship.  For example, if Box 1 says $6,000 but $3000 of that was paid directly to the University.  Using the above suggested method, all of the 1099-NEC would be included as self-employed income.  I did not receive a 1098T but have documentation from the University showing the exact amount paid by the scholarship.  Thanks.