turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

How to enter taxable living expense stipend in 1040 line 1?

I have a research stipend for living expenses. I am a postdoctoral researcher not a student so this would not be considered as a scholarship for education expenses. The university is not required to issue me any 1099 as it is not payment for services rendered. I was advised by a tax specialist to enter it as part of the 1040 line 1 with the comment SCH, but I don't know what category to enter that in turbotax to get it to show up in the correct place.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
ThomasM125
Expert Alumni

How to enter taxable living expense stipend in 1040 line 1?

You need to enter that as scholarship income to get it to show up in line 1 on your form 1040 with the abbreviation SCH. 

 

Go to the Federal section of TurboTax, then Deductions and Credits, then Education, Expenses and Scholarships(Form 1098-T). Indicate that you don't have a form 1098-T and work through that section where you will see an option to enter your scholarship income.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
ThomasM125
Expert Alumni

How to enter taxable living expense stipend in 1040 line 1?

You need to enter that as scholarship income to get it to show up in line 1 on your form 1040 with the abbreviation SCH. 

 

Go to the Federal section of TurboTax, then Deductions and Credits, then Education, Expenses and Scholarships(Form 1098-T). Indicate that you don't have a form 1098-T and work through that section where you will see an option to enter your scholarship income.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies