LeonardS
Expert Alumni

Education

If the income your daughter received was a  Stipend she will enter it in TurboTax as income not subject to self-employment tax.

 

To report a Stipend in TurboTax follow these steps:

  1. Log in to your TurboTax account if it is not open.
  2. Select the Wages & Income tab.
  3. Scroll down to Less common income click Show more.
  4. On the page Let's Work on Any Miscellaneous Income click on Other reportable income.
  5. On the page Any Other Taxable Income?  select yes.
  6. On the page, Other Taxable Income enter Stipend for the description and the amount.
  7. Select continue and answer No on the next page.

 

 

 

 

 

 

 

 

 

 

 

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