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Get your taxes done using TurboTax
What do you do if you get a stipend from a fellowship you were not issued a 1099 or W-2? The only thing my son received from the University was his 1098 T. It shows scholarships and grants at $ 33,000 and school expenses at $ 17,000. When I enter that information it shows he owes taxes on the difference. He is worried he needs to report this as income too. I am not sure how to do this without a paper trail. Also does he have to pay state tax on this too. Please help !!!!!
March 11, 2021
2:41 PM