You'll need to sign in or create an account to connect with an expert.
You have what is called an "Accountable Plan." With this plan, you do not need to show this as income to you.
If you had expenses greater than this amount, then you would have to reduce the expenses by the reimbursement you received.
Hello my daughter will be a travel tech and receive a stripend which no taxes will be withheld and also a regular wage. Couple of questions: What will the Stripend be reported on? A 1099? What happens if she has more income then expenses and on what form would that be reported on on the tax return. I haven't dealt with stripends before. Thank you for any advise you can give me.
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.
manning-dustin
New Member
lrllllll
New Member
mdbiplobhosen59
New Member
tech_360
New Member
SoonerWolverine
Level 1