jaybird4522
Returning Member

Education

Yes, the Fellowship covers two portions: Tuition + a "living stipend".  The "living stipend" portion is not designated to pay 2019 education expenses.  It is designated for food, rent, and anything else I need to live while a full-time student.  I believe that, according to these answers, the "living stipend" needs to be reported as income.

 

The remaining question is: where do I report this income in my tax forms?  There seem to be some conflicting responses on this.  If I just enter my 1098-T information under Deductions and Credits, is that sufficient?  There is a question that asks: 'How much of the $x received in scholarships, fellowships, grants, or other aid was not designated for 2019 expenses?'.  If I fill that in with my the amount of Box5-Box1, which is equal to the "living stipend" portion of my Fellowship, then is that sufficient for reporting that income?  Or, do I also need to go down to Other Income and report that value as 'Other Taxable Income', as suggested by KathrynG3?