Welcome Guest. Register Now!  



 
 
LinkBack Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
  #1 (permalink)  
Old 03-07-2018, 03:38 PM
Junior Member
 
Join Date: Mar 2018
Posts: 2
Which year do I claim my fellowship in?

Note: I am an international student and receive a yearly 1042-S.

I got a fellowship in November 2017 but my University did not distribute the money until January 2018. Because I am an international student, federal and state taxes were taken out of the fellowship when it was distributed in January 2018.

So:
- My 2017 1098-T includes the fellowship in Box #5.
- My 2018 1042-S will include the fellowship (it was not included in my 2017 1042-S).

I will need to claim a portion of the fellowship as income, do I:
1) Claim the portion in my 2017 taxes to match the 1098-T?
2) Claim the portion in my 2018 taxes to match the 1042-S?
3) Something else altogether?

Many thanks in advance for helping me --
Charlie



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Can I claim a child tax credit of previous year 2011 now in 2014, which I did not claim on 2011 as my son does not have ITIN purilokesh For 2011 8 03-31-2015 10:11 PM
Fellowship as Income Sierra Income 1 01-08-2013 04:31 AM
Can I claim temporary living expenses as business expenses for a 3 month paid fellowship/internship? thunder Itemized Deductions 5 11-15-2011 11:53 PM
1099-MISC and Tuition Fellowship dsanchez Income 4 04-09-2011 10:53 PM
Must you claim loss in current year or can you take in future year? dapert Rental Real-Estate 1 03-27-2011 12:18 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.