turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Event: Ask the Experts about your refund > RSVP NOW!
Close icon
Do you have a TurboTax Online account?

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

Stipend income - I did not receive a 1099MISC or a 1098T for my stipend income. Is this income taxable?

 
Connect with an expert
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
IsabellaG
Expert Alumni

Stipend income - I did not receive a 1099MISC or a 1098T for my stipend income. Is this income taxable?

Yes, stipend income is generally taxable, even if you didn't receive a tax form for it. To report this income:

  1. Go to Federal Taxes>   Wages and Income.
  2. Scroll to the Less Common Income section and choose Miscellaneous Income (the last choice). 
  3. Choose Other income not already reported on a Form W-2 or Form 1099.
  4.  Answer Yes on the Other Wages Received screen.
  5. Continue past Wages Earned as a Household Employee and Sick or Disability Pay.
  6.  Answer Yes on the Any Other Earned Income screen.
  7.  Choose Other on the Enter Source of Other Earned Income screen.
  8.   Enter your fellowship information on the Any Other Earned Income screen.

This will report your fellowship on line 7 (wages) of your Form 1040. You will not pay Self Employment tax on this stipend.

**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

3 Replies
IsabellaG
Expert Alumni

Stipend income - I did not receive a 1099MISC or a 1098T for my stipend income. Is this income taxable?

Yes, stipend income is generally taxable, even if you didn't receive a tax form for it. To report this income:

  1. Go to Federal Taxes>   Wages and Income.
  2. Scroll to the Less Common Income section and choose Miscellaneous Income (the last choice). 
  3. Choose Other income not already reported on a Form W-2 or Form 1099.
  4.  Answer Yes on the Other Wages Received screen.
  5. Continue past Wages Earned as a Household Employee and Sick or Disability Pay.
  6.  Answer Yes on the Any Other Earned Income screen.
  7.  Choose Other on the Enter Source of Other Earned Income screen.
  8.   Enter your fellowship information on the Any Other Earned Income screen.

This will report your fellowship on line 7 (wages) of your Form 1040. You will not pay Self Employment tax on this stipend.

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

Stipend income - I did not receive a 1099MISC or a 1098T for my stipend income. Is this income taxable?

is is also okay to put this income on line 21 as Other
Income?
Luke_23
New Member

Stipend income - I did not receive a 1099MISC or a 1098T for my stipend income. Is this income taxable?

I followed the instruction above, but when I did this, it doubled the amount that I had entered in the box. Why is this and how can I fix it?

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies