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posted Mar 30, 2024 10:07:05 AM

I received a Transition Stipend from Teach for America - they included the amount on a 1099-Misc - is there a way to keep this from being taxed ? Right now TT is taxing.

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1 Replies
Expert Alumni
Mar 31, 2024 7:33:34 AM

The stipend is taxable and should be reported as Other Income on your Form 1040.  In case you need to review your entry:

  1. Open or continue your return
  2. Select Search, enter 1099-misc
  3. Select Jump to 1099-misc
  4. For description, enter Transition Stipend from Teach for America