Re: Taxes for 2016
Posted: Fri Aug 11, 2017 9:44 pm
Will new scholars receive a 1099 for this year's tax payments soon? Or does it somehow get factored into the one we receive in January?
Science, Mathematics & Research for Transformation
https://thesmartforum.org/
You only get one 1099 per company/gambling/etc.hello wrote:Will new scholars receive a 1099 for this year's tax payments soon? Or does it somehow get factored into the one we receive in January?
You'll get it in January, for all the stipends for August-december. Just like you would for any other stipend based job.hello wrote:Will new scholars receive a 1099 for this year's tax payments soon? Or does it somehow get factored into the one we receive in January?
I think its pretty important to note that in the tax memo from SMART they specifically said that we are ***NOT*** Self-Employed.Guest12345 wrote:I haven't seen this discussed or addressed but are we only getting taxed on the main stipend or are we also getting taxed on everything (misc stipend payments, internship support payments, etc....). I ask because Im having a accountant prepare my taxes for me and they weren't sure as to how the support payments will be treated.