Retirement tax questions


@DadFilesForKids wrote:

Hi @SamS1 ,

 

You are replying to a discussion from 2 years ago.  The stipend should be reported on line 8r of Schedule 1.  To to this, don't use the 1099 interview.  Enter the stipend income in the educational expenses/scholarships section of TT, as a scholarship not reported on the 1098-T.   To make it taxable, enter the taxable amount when asked how much was used for room & board. 

 

There's  currently a glitch in TT in getting it to recognize line 8r, Sch 1, as compensation.  See containment article at  https://ttlc.intuit.com/turbotax-support/en-us/help-article/retirement-benefits/fellowship-stipend-a...