topic Academic award in Education

Academic award

Notataxguyguy — Mon, 03 Feb 2025 00:54:06 GMT

I work with the National Council for Preservation Education as a partner for the National Park Service. I receive an ‘academic award as a stipend’ for hours worked. The company stated “ NCPE considers stipends to be academic awards, not wages, and does not
withhold taxes or social security; you will not receive a W-2 or 1099 and your
stipend is not reported to the Internal Revenue Service”

Is this income taxable, if so where do I enter in the amount in stipends received?

Re: Academic award

Bsch4477 — Mon, 03 Feb 2025 01:04:36 GMT

Report as Other Income.

Re: Academic award

Hal_Al — Mon, 03 Feb 2025 02:48:17 GMT

For more discussion on this topic, see:

https://ttlc.intuit.com/community/college-education/discussion/re-i-received-a-stipend-from-my-school-i-received-the-full-amount-no-taxes-were-withheld-i-us/01/3205564/highlight/false#M54384