an amount of money you are paid to do a certain job...it usually is paid only once but you can check. the stipend can be in many different forms (i.e. room and board instead of money etc.).
stipends were disbursed on 7-6-2012 how long will it take to get my check
Yes, the stipend received for hosting an exchange student is generally considered taxable income and must be reported on your tax return.
If a student accepts what's called a stipend check (the amount of excess Stafford Loan money sent to the student once college expenses have been deducted) then it does count as part of the student loan. Students are responsible for paying back the entire student loan plus interest whether it was spent on educational expenses or not. It is wise to return stipend checks and decrease the amount of student loans you take out.
Most programs that give a stipend send a 1099 misc to the host family, which translates into a self employed business. So, save receipts for food and transportation to use for deductions. Also, a portion of your home expenses can be used as in a home business. Or you can deduct the amount you could charge for renting the same room, plus the food and transportation expenses. If you don't go that route, you'll end up paying back a third of your stipend in taxes.
Queen Elizabeth II of England receives a payment of 36.1 million British pounds each year. This is a considered a stipend. The queen's family is very wealthy, owning many castles, and thousands of acres of land.
stipends were disbursed on 7-6-2012 how long will it take to get my check
his payments were stipend
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 the car accident, Haley was on a stipend from the university while she recovered.
After Alex bought a new bike, he was on a stipend with his mom to pay her back.
If the stipend was for books or education, it is not taxable. Other stipends may be taxable depending on their purpose.
STIPEND
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.
The stipend amount offered for the master's degree program is 10,000 per year.
A Builders Club stipend is your Bonus loyalty to BC, longer your BC the more bonus of Robux each day!