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Student Internship reported on 1099 MISC
The question of how to report a stipend from a student summer internship has been addressed multiple times but I can find no clear answer. A 10 week summer internship at a national lab provided a 1099 MISC as a stipend, and while I know how to get around using the schedule C from answers provided here, reporting it as other income makes it unearned income and triggers the kiddie tax! I am looking for a legitimate way to report this as earned income (and not self employment income or a scholarship) which would seem to reflect the "spirit" of IRS guidelines, in that it really doesn't fir the definitions of self employment OR unearned income. Any assistance would be appreciated!
5 hours ago