Hi all, I received a stipend (3k) for research I did in the summer of 2020. I received 1099-NEC for this.
It has
Box 1: 3k (non employee compensation)
Box 4 (federal tax withheld): 0
Box 5 (state tax withheld): 0
Box 7 (State income): 3k
I am confused why the 3k are reported in both Box 1 and Box 7
I have another 1099-NEC but it only reported Box 1. Not Box 7.
Is this a mistake, or should I pay both federal and state tax on this particular stipend?
Thank you for your help!
