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PhD stipend / Kiddie Tax
I’m 22 in the first year of my PhD receiving a stipend of $32,000. Taxes are not taken out in each paycheck so I believe I will be receiving a 1098-T at the end of the year instead of a W-2.
Will my income be taxed at a weird percentage? Am I subject to the Kiddie Tax at a a rate of 37%?
August 23, 2019
11:35 AM