@digitaltaxation wrote:
If I chose the option where I said the 1099-NEC should have been on a W-2, but wasn't (option where it says "My employer reported this extra money on a 1099-NEC but it should have been reported on a W-2."), does this method work to make it not subject to self employment tax? Or would the method I used in the past for box 7 work better at this? Thanks
This is a duplicate post and was answered here,
https://ttlc.intuit.com/community/college-education/discussion/re-if-i-received-a-1099-nec-for-a-ph-...
A graduate fellowship is generally NOT earned income. If the principal investigator relocates and the student stays behind to finish their degree, the student is still a student, even if they are "working" on the PI's project and the PI's new university pays the student's stipend.
