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Deductions & credits
Hello, thanks for your response, but it looks like US tax law differentiates between Fellowships, Grants, and Scholarships for US sources or non-US Sources. Revenue Ruling 89-67 states: 'Grants for study or research activities performed outside of the United States are treated as foreign source. This rule does not apply to amounts paid as salary or compensation for service. See Treas Regulations § 1.863-1(d)(2)(iii).'
My grant is neither paid wages nor compensation for services. This is a post-doctoral fellowship and therefore does not count toward and education expense. Can you please advise on non-US (Foreign) sources of Fellowship and how to record this into Turbo Tax? Thank you.
February 10, 2020
6:53 AM