I'm a full time student and received a 1099-NEC for a scholarship I got for an internship. Do I have to report this as self-employed income? Any other way to report it?

[abigaildruhot]

I thought I received this as a scholarship that I did not have to pay taxes on. Reporting it as self-employment income rather than a scholarship is drastically affecting my return so would appreciate any advice!

[AmyC]

If the 1099-NEC is not a business, you have to mark:

•  no intent to earn money 
• mark that the income is only for this tax year, 2023 . Otherwise the program will think it is recurring income and a business.

[abigaildruhot]

Hi Amy,

Where would I mark I have no intent to earn money? I marked that this income started and stopped in 2023.

The organization that provided me the scholarship and sent me the 1099 is a non-profit if that affects anything.

Thank you.

[AmyC · Accepted solution]

Right after you enter the reason for the form, the next question needs to be marked. No, the sender will not affect your return.