Dear all,

I have a question about filing my tax return.
I just became Resident Alien for tax purpose this year. And I am still receiving 1042-S from my school showing the amount of stipend paid to me and how much of which is withheld. (Income Code: 15 Scholarship or fellowship grants)
I tried using TaxACT to file my tax online, however, I wasn't given a place to report the numbers on 1042-S.

Instead, because of my low income (not counting the sitpend), I was offered Making Work Pay Tax Credit and EITC.

Here are my 2 questions:
1) Where shall I report my stipend income?
2) If my total income including the stipend and wage comes to the amount of $19500, am I still eligible for any of the above tax credits?

One remark: I tried asking the school to cancel my 1042-S and give me 1099 Misc instead, but they insist 1042-S is the correct form for them.

Thank you!

Best regards,
Clark

If you are a degree candidate and if the financial aid (includes scholarship and fellowship) is for tuition fee, other fees, books, supplies and equipment, then it is not taxable. For a degree candidate aid for boarding and travel are taxable. If you are not a degree candidate, then all the financial aid is taxable. Scholarship and fellowship grants, Your U.S. Tax Return: The U.S. Income Tax Topics 1 (http://taxipay.blogspot.com/2008/08/us-income-tax-topics-1.html)

Thanks Mukata.
It turns out that TaxACT actually has a help topic addressing my concern. I am attaching here for others reference :)
Help Topic: Form 1042-S - Box 1, Code 15 Scholarship or Fellowship Income
TaxACT FAQs (http://www.taxact.com/tsupport/FAQDisplay.asp?Question=831&txtSearchValue=scholarship)