- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Undergraduate summer research stipend
My daughter is an undergraduate student and received a stipend for research completed last summer. She received a 1099-MISC with the stipend reported in Box 3. Please advise if this income is taxable and how it should be entered in TT. We started to put it in as 1099-MISC income, but encountered questions about a business that did not seem appropriate.
Also - she worked from home due to the pandemic. We do not live in the same state as the university. If this income is taxable, will she need to file a return in the university's state (CT) or just in our home state?
March 15, 2021
12:45 PM