MargaretL
Expert Alumni

Education

Per IRS, the AmeriCorps Education award should be reported on line 21, as Other Income and not as self-employment income.

When going through the 1099-Misc income, be sure to:

* select None of these apply on the "Does any of these uncommon situations apply" screen

* select No, it didn't involve work like my main job

* select No, it didn't involve an intent to earn money - such data entries will trigger the amount to be placed as Other Income on line 21, Form 1040, not subject to SE tax.

More details:

https://www.irs.gov/Help-&-Resources/Tools-&-FAQs/FAQs-for-Individuals/Frequently-Asked-Tax-Question...

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