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Is a stipend for expenses incurred in other states for an internship considered to be income earned in another state?
Trying to help my son, a grad student in Texas. He worked for several weeks over the summer at an unpaid internship in Virginia and Maryland. There is no W2 income. He was given a stipend to help with living expenses during the internship, but was not issued a 1099 of any kind (so no withholding). The check was from the University of Virginia and addressed to his home address in Texas.
I assume this is taxable income, but I'm struggling to answer the TurboTax question "Did you make money in any other states?" Any ideas on how to deal with this? Will we need to do state returns for Virginia or Maryland or both?
Any guidance will be greatly appreciated!
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Is a stipend for expenses incurred in other states for an internship considered to be income earned in another state?
Taxable
Fellowship – A payment, typically known as a
"stipend", used for living and
incidental expenses such as room and board, travel, equipment, i.e. computer or
other expenses that are not required of all students enrolled in courses. These
payments are taxable income to the student.
However, states have a filing requirment. He would be considered a nonresident of VA.
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Is a stipend for expenses incurred in other states for an internship considered to be income earned in another state?
Taxable
Fellowship – A payment, typically known as a
"stipend", used for living and
incidental expenses such as room and board, travel, equipment, i.e. computer or
other expenses that are not required of all students enrolled in courses. These
payments are taxable income to the student.
However, states have a filing requirment. He would be considered a nonresident of VA.
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Is a stipend for expenses incurred in other states for an internship considered to be income earned in another state?
Thanks again!
Dan
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Is a stipend for expenses incurred in other states for an internship considered to be income earned in another state?
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Is a stipend for expenses incurred in other states for an internship considered to be income earned in another state?
savings or checking account, your VAGI is usually the same as the
federal adjusted gross income shown on your federal return. Once
you have computed your VAGI, check the chart below to see if you
need to file a Virginia income tax return.
YOU DO NOT HAVE TO FILE IF YOU ARE:
Single and your VAGI is less than ..................$11,950
Married filing a joint return (both must
have Virginia Source Income) and your
combined VAGI is less than............................$23,900
Married, spouse has no income from
any source and your VAGI is less than ..........$11,950
Married filing separately (on separate
forms) and your VAGI is less than..................$11,950
If you are not required to file, but you had Virginia income tax
withheld or you made estimated payments, you are entitled to a
refund of the amount withheld or paid. You must file a return
to get a refund.
<a rel="nofollow" target="_blank" href="https://tax.virginia.gov/sites/default/files/vatax-pdf/2018-form-763-instructions.pdf">https://tax.v...>
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Is a stipend for expenses incurred in other states for an internship considered to be income earned in another state?
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