Generally, you will receive a 1099-MISC for a stipend. However, you may file your stipend even though you received a Form 1099-NEC.
To report your stipend from Child Care WAGE$® IOW in TurboTax as income not subject to self-employment tax follow these steps:
- Log in to your TurboTax account if it is not open.
- Select the Wages & Income tab.
- Scroll down to Less common income click Show more.
- On the page Let's Work on Any Miscellaneous Income click on Other reportable income.
- On the page Any Other Taxable Income? select yes.
- On the page, Other Taxable Income enter Child Care WAGE$® IOWA Stipend Form 1099-NEC for the description and the amount.
- Select continue and answer No on the next page.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
