Taxes for 2016
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hello
Re: Taxes for 2016
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?
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Guest
Re: Taxes for 2016
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?
Re: Taxes for 2016
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?
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Guest12345
Re: Taxes for 2016
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.
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CSMajor
Re: Taxes for 2016
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.