Thoughts on fellowship/stipend

3bm103
Fri, 17 Feb 2012 10:20:44 +0000

Because an employee is reimbursed actual expenses for which he has to document the cost. He usually fills out an expense report and attaches receipt. Then it’s not reportable or taxable. If the employee was just given a lump sum without the paperwork, he too would have to report it although he’d be able to deduct the costs on his return.

This student appears toa be given a lump sum. No receipts required. So the income is taxable, but I agree that the actual rent and travel expenses could be deducted.