Self employed
The income you reported for the use of your computer for work as stipend income. This income will need to be reported on line 7 of your Form 1040 and won't be subject to Self-Employment Tax.
To enter this on TurboTax:
- Go to Federal Taxes> Wages and Income
- Scroll to the Less Common Income section and choose Miscellaneous Income
- Choose Other income not already reported on a Form W-2 or Form 1099
- Answer Yes on the Other Wages Received screen
- Continue past Wages Earned as a Household Employee and Sick or Disability Pay
- Answer Yes on the Any Other Earned Income screen
- Choose Other on the Enter Source of Other Earned Income screen
- Enter your stipend information on the Any Other Earned Income screen
See the images below for your reference:
