No, housing expenses are not deductible. You still need to report the income. Stipends paid for housing are taxable income.
You will enter this by clicking
the following:
- Federal
- Wages
& Income
- See Full
List of Income
- Show more
next to Less Common Income Near the bottom
- Start next
to Miscellaneous
- Start next
to Other Reportable Income
- Click Yes
to Other Taxable Income
- Enter
Description and Amount