3011558
I am preparing taxes for my daughter a graduate Ph.D student recieving a fellowship/stipend for her pre-Doc work. She received a $1000 award for 'best lecture' that was reported on a 1099 NEC, which leads down the self-employed Schedule C route. She is not self-employed nor a 'business' so am not sure how to handle this within turbotax. There are no expenses here, just the award.
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You need to alter the 1099-NEC to mark the income as sporadic income.
To enter the 1099-NEC as sporadic income in TurboTax Online please follow these steps:
You need to alter the 1099-NEC to mark the income as sporadic income.
To enter the 1099-NEC as sporadic income in TurboTax Online please follow these steps:
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