Ask Experts Questions for FREE Help !
Ask
    bine22's Avatar
    bine22 Posts: 5, Reputation: 0
    New Member
    		  
    #1

    Feb 16, 2010, 08:38 PM
    Schedule M, Wages and Scholarship
    We have both wages reported on W2 and a partially taxable scholarship reported on 1042S. How do I fill out Schedule M? Do I choose No on line 1a because we have the scholarship or Yes because we have wages exceeding $12903?

    Thanks a lot for your help

    Sabine
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Feb 17, 2010, 07:32 PM

    You need to check No.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Can I split mortgage interest between schedule A and schedule E? [ 1 Answers ]

I am posted outside the US with the US government and therefore renting out my principal residence. On my 2009 return, if I deduct all the mortgage interest I paid on my house in schedule E (rental property), I won't have sufficient deductible expenses to itemize in Schedule A. If I can't itemize...

F1 over 5 years with wages & scholarship and H1 [ 3 Answers ]

Hi, I am in confusing situation and would love to get some advice. I am in Indian citizen who came to the US in 2002 on F-1 In 2007, I was in F1/OPT until October and had both 1042-S income and regular income. I was under H-1 after that point with income. I understand that I can file as...

View more questions Search