I am not sure where to go to find this out, but, here at Penn we have been
taking out a small percentage for FICA. Up til a year or so ago, we never
took out monies for the Feds. It is now manditory. I believe that we use
7.25% on stippends. You should go to your tax office for the information.
Our tax office is with our Comptroller.
Good luck.
Audrey
At 09:05 AM 5/27/99 -0500, you wrote:
>We have a number of students who have individual PREdoctoral fellowships
>from NIH and who receive that support in the form of stipends. Where
>can I find info on whether they must report stipends to the IRS and the
>extent to which these are taxed?
>Content-Type: text/x-vcard; charset=us-ascii;
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Audrey C. Buck
Senior Contract Administrator
Research Services
Phone: (215) 573 6709
Fax: (215) 898 9708
email: xxxxxx@pobox.upenn.edu
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