@melissaforpeace315 wrote:
Thank you! So the fact that I have a W-2 means that the income I receive from being a TA can be considered compensation?
Yes, for the W-2 position, you are an employee, and your compensation is your box 1 wages.
If you are getting a graduate stipend, that is also compensation for purposes of an IRA, even though it is not compensation for other purposes. Turbotax should recognize it correctly if you enter it through the 1098-T interview for college expenses. (that's how to access that function even if you didn't get a 1098-T.)
