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How to report a fellowship
Hello,
I’m a resident alien for tax purposes so it is my understanding that I have to file the 1040 form. In 2020 I received a fellowship for my graduate school which includes payment of tuitions and fees (which is not paid directly to me. Essentially I just don’t have to pay anything for tuitions) and a stipend. I received a W2 with the money I earned as stipend but not what I received as payment for my tuitions. Do I just need to report the W2 or do I need to add the tuition payments somehow?
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February 3, 2021
3:30 PM