Solved: I received an award from the National Organization of Rare Diseases (NORD), a 501C3 non profit, for expensive, not widely used medications, is this taxable income?
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I received an award from the National Organization of Rare Diseases (NORD), a 501C3 non profit, for expensive, not widely used medications, is this taxable income?

 
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Alumni
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I received an award from the National Organization of Rare Diseases (NORD), a 501C3 non profit, for expensive, not widely used medications, is this taxable income?

If you did something to receive the award (e.g., perform research, give a speech, prepare a paper, etc.) it is taxable income.

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Alumni
Alumni

I received an award from the National Organization of Rare Diseases (NORD), a 501C3 non profit, for expensive, not widely used medications, is this taxable income?

If you did something to receive the award (e.g., perform research, give a speech, prepare a paper, etc.) it is taxable income.

View solution in original post

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