After the car accident, Haley was on a stipend from the university while she recovered.
If the stipend was for books or education, it is not taxable. Other stipends may be taxable depending on their purpose.
no
Not if you were an employee of the entity issuing the stipend.It will depend on the circumstances under which the stipend was issued.According to the IRS:A stipend is defined as a fixed sum of money paid periodically for services or to defray expenses. The fact that remuneration is termed a "fee" or "stipend" rather than salary or wages is immaterial. Wages are generally subject to employment taxes and should be reported on Form W-2, Wage and Tax Statement.Refer to Publication 15, Circular E, Employer's Tax Guide,section 5, Wages and Other Compensation, for rules on accountable and nonaccountable plans for employee business expenses.The income from stipends is reportable. Is the stipend or fee paid to an employee or an independent contractor reportable? The answer to this question determines the way that the stipend is reported. See also the section entitled Employee vs. Independent Contractor.
Yes.
We will recoup our losses.
An example of using stipend in a sentence would be, 'My mom was offered a stipend instead of a regular salary. ' Stipend is usually a small amount of money paid to someone.
After Alex bought a new bike, he was on a stipend with his mom to pay her back.
his payments were stipend
His small stipend, for working at the library, was paid each month.
Yes, yes i can
If the stipend was for books or education, it is not taxable. Other stipends may be taxable depending on their purpose.
Not in modern English, where allowance is always a noun. But it has gained a specific connotation from its use to mean "stipend" (especially funds provided to family and children). Otherwise, it means a permitted amount or permitted deviation.There was an archaic use as a verb meaning to grant such a regular stipend.
STIPEND
You need to call your parish office and ask what stipend is considered appropriate in your diocese.
stipend
no
A stipend is an amount of money given to a priest on a regular schedule for living expenses. Stipends vary from diocese to diocese.