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Retirement tax questions
TAD1965,
Stipends are a form of taxable scholarship. You want to report that income on line 8r of Schedule 1. to do this may require a fudge on the 1098-T form. I assume the scholarship amount in box 5 is equal to the qualified tuition payments in box 1. Add the stipend amount to the box 5 scholarship to force the stipend to become taxable scholarship income which does appear in Schedule 1 line 8r.
‎February 14, 2023
10:37 PM