in Education
My daughter had a fellowship at Oak Ridge National Laboratory. She was paid a stipend for living expenses. They have provided a letter with the EIN, ID #, and taxable amount, but no W2. How can I enter this in Turbotax Deluxe as income?
You'll need to sign in or create an account to connect with an expert.
To enter your daughters Oak Ridge National Laboratory Stipend in TurboTax Deluxe follow these steps. With TurboTax open select Wages & Income click on I'll choose what I work on. Scroll down to Less Common Income and select Miscellaneous Income, 1099-A, 1099-C. On the next page select Other reportable income. On the page Other Taxable Income enter Oak Ridge National Laboratory Stipend in the description. This will put the income on Schedule 1 Line 21 of your 1040, as required by the IRS. You will pay state and federal income tax on the amount, but it will not be subject to self-employment tax.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
joeylawell1234
New Member
in Education
wa45burnette
Level 1
QRFMTOA
Level 5
in Education
Dmoral1
Level 1
jaketdotson
New Member
in Education