Tax Question--1099 MISC Box 3, Other Income, Summer Research Stipend

[CT1417]

@mommdc

I have never dealt with this but it seems that form 1099 misc box 3 (other income) has the potential to be treated differently than box 7 (self employment income).

Yes, the earned/unearned dilemma when it comes to taxable scholarships and kiddie tax is confusing.

You can look form 8615 up on the internet.

I don’t know why the calculation is the way it is.
Did you do a preview of the tax return and see what forms are generated?

Thanks, yes, there are many forms generated. And the forms that are generated seem to change based on how I answer the interview questions posed by TT. The trouble is, the questions really do not apply to research stipend earnings.

This is what I wrote above about the interview questions:

I entered it under ‘1099 MISC and Other Common Income’. The TT interview prompts me to enter the university name, amount in box 3, etc, and then goes on to ask other questions about the source of the earnings. Research never comes up as an option, but instead the options are farm rental income, prize winnings, lawsuit, tribal gaming, or none of the above.

If I answer one way, it generates SE tax forms; if I answer another way, it generates kiddie tax forms. The questions do not accurately reflect the earnings.

Thanks!