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    smgionet's Avatar
    smgionet Posts: 1, Reputation: 1
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    #1

    Dec 19, 2012, 02:30 PM
    where to report stipends
    I am preparing payroll for a small non-profit. Two of their employees also received stipends during the year, but not while employed. Do I include the stipend amount on the W-2? Or would they go on a 1099-Misc?

    Here are the details:

    Employee 1: Employee wages = $2831 + $300 Stipend
    Employee 2: Employee wages = $2921 = $475 Stipend
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Dec 19, 2012, 02:48 PM
    Unless the stipend has a specific purpose, it is taxable income.
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