1099-MISC for a stipend payment - where do I put it?
In the acceptance contract, it states:
"A stipend is generally an amount paid for the benefit of a student or an attendee of a class, workshop, or
training project for their attendance or participation ONLY, not for services rendered. Stipends are payments
that can be used by the recipient to defray expenses such as tuition, fees, books, supplies, and living expenses.
Stipend recipients cannot be USRA employees. An amount paid for “services rendered” is a “wage” under the
IRS regulations and must be paid as salaries and wages. Stipend payments cannot be tied to any obligation for
past, present or future services. There can be no employer/employee relationship associated with stipend
payments and there are no fringe benefits associated with stipend payments."
This is for a USRA NASA internship, and the stipend was $9600. I believe this would fall under a taxable fellowship/scholarship but I am not sure where to put it. The internship was related to my coursework and I received school credit for it.