Taxes on REU

milkweed
Sat, 20 Feb 2016 15:58:10 +0000

@BelknapPoint Research Experience for Undergraduates Summer Program (Students do research, are mentored, have a few classes, seminars and are paid a stipend for 10 weeks in the summer.)

I was fooling around with the software program and it looks like you pay almost 2x more in taxes if you’re self-employed vs misc income-- thought I’m still not sure.