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Is a stipend for attending a training taxable income?

 
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1 Reply
KiaraE
New Member

Is a stipend for attending a training taxable income?

If you are paid a stipend, it isn't considered wages so you won't pay Social Security or Medicare taxes on it. But, it still counts as taxable income for income tax purposes. However, your employer won't withhold any income taxes from the stipend.

From: https://www.quicken.com/what-stipend

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