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Deductions & credits
No. An educational fellowship is not self-employment income. You do not need a schedule C and don't pay self-employment tax, but there is no provision to deduct expenses from fellowship income. This can be reported as "other" income, there should be a box to check for fellowship, or I believe you can enter it through the educational expenses interview, if you keep going past the 1098-T questions.
‎June 9, 2020
11:45 AM