If you received a stipend that is related to education, fellowship/internship, etc., and if it’s considered taxable income, then you will need to report it on your tax return as scholarships and grants.
You can enter your stipend, by taking this pathway:
- Federal Section
- Income
- Less Common Income
- Other Compensation
- Scholarships and Grants
If your stipend is in conjunction to performing duties, such as clerical work, research, etc., then the payment is considered self-employment income, and this will need to be reported on a Schedule C instead.
To complete a Schedule C within the program, go to:
- Federal Section
- Income
- Profit or Loss from a Business
- Income
- Other Income (other income from sources other than work or sales)