Re: Taxable Fellowship Stipends?
RESADM-L Member 10 Apr 2002 15:33 EST
Marie,
the tax status depends on several factors. The IRS web site has information
on this in one of their publications.
Go to http://www.irs.gov/ and search for "fellowship" and "stipend," or try
this link:
http://www.irs.gov/businesses/display/0,,i1%3D2%26genericId%3D15747,00.html
-----------------
Molly Daniel
Grants Specialist
Planning Dept.
Sarah Bush Lincoln Health Center
1000 Health Center Drive
Mattoon, IL 61938-0372
tel. 217-258-2195
fax 217-258-4135
email: xxxxxx@sblhs.org <mailto:xxxxxx@sblhs.org>
web: www.sarahbush.org <http://www.sarahbush.org>
-----Original Message-----
From: Marie Smith [mailto:xxxxxx@ECOSTUDIES.ORG]
Sent: Wednesday, April 10, 2002 2:53 PM
To: xxxxxx@HRINET.ORG
Subject: [RESADM-L] Taxable Fellowship Stipends?
Hi All
I just had a very distraught student come in to my office. He is receiving
a federal fellowship stipend. He was told by the awarding agency that it is
not taxable. H&R Block did his taxes last year and told him that it was not
taxable. He received no 1099 or other forms indicating that he needed to
pay taxes. He just received an e-mail from his program officer saying that
his stipend is, indeed, taxable.
If anyone has had experience with this, I would appreciate any insight you
can give.
THANKS,
Marie
%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
Marie F. Smith, CRA
Manager of Grants Administration
Institute of Ecosystem Studies
PO Box AB, 65 Sharon Turnpike
Millbrook, NY 12545
Tel: 845-677-5343
Direct Line: 845-677-7600 x 202
FAX: 845-677-5976
E-mail: xxxxxx@ecostudies.org
http://www.ecostudies.org
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