DTG9000
Returning Member

Education

Thanks very much for the reply.

 

Disappointed that TT doesn't differentiate between box 3 and box 7 on the 1099-MISC, and its heavy-handed push to Schedule C regardless of which box is filled.  I didn't mention it before, but my fellowship was in box 3.    My Mom has a sole proprietorship and some of her clients give her a 1099-misc but their payments to her are in box 7. 

 

I'm  also disappointed in my old college for ignoring IRS pubs and reporting this fellowship on a 1099-misc at all.   From what I read on IRS docs, they didn't need to report this since it was non-compensatory money.    I got a letter and a contract from my old college with very specific conditions for receiving the money... I didn't need this tax form to complicate things.

 

While my situation is not common, it's not unheard of either.   TT has had decades to polish their software and I had assumed they had me covered.

 

I ended up reporting this as a separate fellowship further in the prep.