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College Summer Internship Grant 1099-MISC
My son is a dependent college student on my return. He has a 649.00 W-2 for work last summer as well as his college gave him a grant for a summer internship for unpaid non-profit work. The grant was for $2000.00 and he received a 1099-Misc for it. I assume that both are considered "earned income". His total earned for 2021 was $2,649.00, but he only had like $12.00 taken out of his W-2 job. He is filing his own return and it shows he owes $271 federal? This does not make sense that someone that made only $2,649 in 2021 would pay ANY taxes?? Did I miss an input in Turbo Tax somewhere? Turbo Tax is treating the 1099-MISC as a business for him....
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‎February 21, 2022
10:44 AM