- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
If the stipend was part of a scholarship or fellowship and was for living expenses (room & board) it would be treated as a taxable scholarship. However, it was by reported on Form 1099-NEC, therefor the issuer/payer has classified the payment as being for services rendered/work performed, which is reported on Schedule C.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 26, 2023
6:02 PM