Fellowship - Medical Student 1099MISC, Box 3

[GraceNY]

Medical student received 1099-MISC reporting $2,000 in Box 3 (Other Income).

According to taxpayer, he was paid this for "doing research for the University".

My research has generarted a lot of conflicting information. My main concern is whetehr or not it is subject to self-employment tax.

Anyone with experience in handling this income tax issue. It's my first time seeing one of these.

Thanks in advance for any input.

Grace

[mcb39]

I can answer this tomorrow when I get home and pull a file. I have one at the U of Alabama who does not even get a 1099; just sends me his quarterly income and pays in quarterly estimates. It is not self-employment, but am not sure how I reported it last year. He just e-mailed me his numbers last night.

[mcb39]

I finally got a chance to get back to this. What you need to do is bunny hop from Line 7 on the 1040 to a worksheet where the first item is fellowships and grants not reported on a W2. Enter the amount there. It is not SE income.