@linhuisk wrote:
Hi Opus 17,
Yes, this stipend was paid by a different college than where he attends. So this is his only income and as you suggested that he do not need to file tax return. And this stipend will also not be reported in our family return. Does this mean we do not need to report this stipend to IRS at all?
Thanks.
Correct, it is not reported if it is less than your son's standard deduction of $12,550.
