Reporting Stipend Income On Your Tax Return

College Grant and Scholarship Aid (2024–25) - Federal Student Aid

Generally, you report any taxable portion of a scholarship, a fellowship grant, or other grant as part of the "Wages, salaries, tips" line of your tax return.

Taxable Income – Division of Finance | University of Pennsylvania

If you received a scholarship or fellowship, all or part of it may be taxable, even if you did not receive a Form W-2. Generally, the entire amount is taxable ...

Scholarship and Taxes | Office of Student Financial Aid

If your only income is a tax-free scholarship or fellowship, you're in the clear. You don't have to file a tax return or report the award.

Tax Responsibilities for International Students with Scholarships

Not all treaties are the same, so we suggest that you review IRS Publication 901 to see if a reduced rate or complete exemption from U.S. income tax for ...

Scholarship and Fellowship Payments to Nonresident Aliens

A scholarship or fellowship grant paid to a nonresident alien (NRA) of the United States may or may not be subject to withholding and/or reporting on Form 1042 ...

Taxation of NSF REU undergraduate research stipend - Bogleheads

Even if no 1099 was issued, a stipend is still income if it meets the IRS definition, and you have to report it on your taxes. Wiki David ...

“Is my National Research Service Award individual fellowship ...

Although stipends are not considered salaries, these funds are subject to federal and, sometimes, state income tax.

Understanding the 1098-T Form - Graduate School - Cornell University

Students may need to provide copies of their bursar bill to their tax preparer to confirm the dates that stipends were refunded. 1098T form with boxes 1 and ...

Scholarships, Fellowships, and 1098-T Tax Reporting

Scholarships and fellowships may be taxable or tax exempt; a fellowship is the same thing as a scholarship for tax purposes. Qualified scholarships are tax ...

Form 1040 Line 1 - Taxable Scholarship Income - TaxAct

To enter or review your scholarship, grant, or fellowship income in the TaxAct program, go to our Form 1098-T - Entering Scholarship Fellowship Income in ...

Filing Your Non-Resident Tax Forms using Sprintax (F and J) - ISSO

1042-S. This form is issued to report: (1) stipend, scholarship, fellowship income and travel grants. Tuition exemption or reduction is NOT taxable income and ...

Weird Tax Situations for Fellowship and Training Grant Recipients

I'll clarify right up front that you do need to incorporate your awarded income into the gross income you report on your tax return, and you ...

PhD & MFA: Tax Information | Arts & Sciences - Boston University

All of your earnings are subject to both federal and state income taxes. Generally, any scholarship, grant, or fellowship dollars used to pay housing, food, or ...

Taxation of Noncompensatory Scholarships and Fellowships

maintain records and properly report all non-qualified scholarships received as income ... on such student's tax return regardless of the fact that TTU/HSC will ...

Do You Have To Pay Taxes On Stipends? - CountyOffice.org

taxable income? Understanding the tax implications of stipends is crucial, especially when it comes to reporting them on your tax return. In ...

Is my Scholarship/Grant taxable? - TaxSlayer Support

If you had excess scholarship or grant income that was not used for education expenses, you will need to report the portion that is taxable on your return.

Scholarships, Fellowships, and Other Non-Payroll Payments - MIT VPF

It is important to determine the specific type of grant in order to ascertain the proper taxability and reporting requirements. A stipend is a general term that ...

Payments to students and their taxability - FIU Office of the Controller

Qualified fellowships are not taxable income to the student. Qualified awards do not exceed stated tuition and fees amounts. Qualified scholarships and ...

Tax Information | Yale Graduate School of Arts and Sciences

Taxes are generally not withheld from stipend payments, but are subject to taxation as income. You may need to set aside funds to pay for this.

What Is a Stipend and How Does It Work? - Indeed

This means your employer will not withhold any taxes for you. However, a stipend does count as taxable income, so you will need to plan to set ...