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Do I claim a stipend payment for volunteer emergency servises as self-employment if i recieve a 1099

 
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Do I claim a stipend payment for volunteer emergency servises as self-employment if i recieve a 1099

Your stipend is taxable and should reported as Other Reportable income.

In your open Federal return, choose the Wages and Income tab,

  • Scroll down to Less Common Income and Show more.
  • Choose Miscellaneous Income, 1099-A, 1099-C.
  • Choose Other Reportable Income and say Yes.
  • Even though the screen says "Do not enter income reported on Form 1099-MISC", this is where you will enter your description "Stipend reported on form 1099-MISC" and enter the amount.

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Do I claim a stipend payment for volunteer emergency servises as self-employment if i recieve a 1099

Your stipend is taxable and should reported as Other Reportable income.

In your open Federal return, choose the Wages and Income tab,

  • Scroll down to Less Common Income and Show more.
  • Choose Miscellaneous Income, 1099-A, 1099-C.
  • Choose Other Reportable Income and say Yes.
  • Even though the screen says "Do not enter income reported on Form 1099-MISC", this is where you will enter your description "Stipend reported on form 1099-MISC" and enter the amount.
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