I am a graduate student. I have a stipend for research and for that I was sent a 1099 MISC (about $30k) with no tax withheld. I also have a 1098-T with box 1 (about $34k) lower than box 5 (about $43k). the amount on my 1099 MISC is lower than box 1 as well. how should I enter all of this?
If I enter only the 1098-T box 1 and box 5 without entering the 1099 Misc, I get a small refund ($8). If I enter both the 1099 MISC and the 1098-T box 1 and box 5. I owe $7500. What is the right way to enter this? Any suggestings?
