turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How to report money from a fellowship

How are you supposed to enter the money received from a fellowship? There is absolutely no specific form for this on the turbotax page and I've been conned into buying the paid version and it is still not providing me a form. 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Bsch4477
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

How to report money from a fellowship

 

From @AmyC
To enter fellowship income  on sch 1, which goes to line 8 Form 1040, follow these steps:


First enter the income:
1. go to the federal income section
2. scroll to the bottom
3. Miscellaneous Income, 1099-A, 1099-C, Start
4. Other income not already reported on a W2 or 1099, Start
5. Other wages? Yes
6. Household employee? Continue
7. Sick pay, continue, Medicaid, continue
8. Other Earned Income? Select Yes, continue
9. Source of income? Select Other
10. Enter description - Fellowship, enter your taxable amount
11. Continue

View solution in original post

1 Reply
Bsch4477
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

How to report money from a fellowship

 

From @AmyC
To enter fellowship income  on sch 1, which goes to line 8 Form 1040, follow these steps:


First enter the income:
1. go to the federal income section
2. scroll to the bottom
3. Miscellaneous Income, 1099-A, 1099-C, Start
4. Other income not already reported on a W2 or 1099, Start
5. Other wages? Yes
6. Household employee? Continue
7. Sick pay, continue, Medicaid, continue
8. Other Earned Income? Select Yes, continue
9. Source of income? Select Other
10. Enter description - Fellowship, enter your taxable amount
11. Continue

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question