I am a graduate student at a research university. I was awarded a fellowship that can only be used for research related expenses, and used this to pay housing when travelling for research.The money was not paid to me directly, but rather I paid and was later reimbursed from the fellowship fund. Would I report this reimbursement as taxable income?
You'll need to sign in or create an account to connect with an expert.
Yes, this is taxable (but not as self-employment).
How you report it would depend on how they reported it, usually it is reported on a 1099-MISC.
If you have no formal tax form, enter it as "Other Income".
DESKTOP
In the desktop program, start or open your return
Click FEDERAL TAXES
Click Wages & Income
Click "I'll choose what to work on" if needed
Scroll down to Miscellaneous Income, 1099-A, 1099-C (the last option) under "Less Common Income" and click Start
Scroll down to the last option "Other reportable income" and click Start
Answer "Yes" and Continue
Type Fellowship into the description box and the amount.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jlunatic88
New Member
cunneen9505
Returning Member
in Education
zainers14
New Member
laurieshelton77
New Member
Luna_Tax
Level 3
in Education