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Yes, they do. Bizarrely, I know of two people with an NSF GRF at different institutions, one who receives a W-2 and one who does not. They both receive departme
by tanderson92 10y ago
Yes, they do. Bizarrely, I know of two people with an NSF GRF at different institutions, one who receives a W-2 and one who does not. They both receive departmental "fellowships".
There is more to "tax status" than whether you must pay income tax. There are payroll taxes, Roth IRA-eligibility, etc.
- maxerickson 10y agoIt can still be taxable income without a W-2.
- tanderson92 10y agoAgreed! That is not in dispute. The question is whether tax status of income is wholly determined by whether the income is considered "taxable income". In the bizarro world of the IRS, the answer is no !
- cozzyd 10y agoYes, I believe generally full-time students are exempt from payroll taxes when paid by the same institution they are students at.
- mbreese 10y agoI've been on fellowships where I got a W2 (and taxes withheld), and others where I was paid a stipend and I had to pay estimated taxes myself. My point is - just because a "fellowship" income is not reported via a W2 doesn't mean one doesn't have to pay taxes on it. But, it's all taxable income as far as the IRS is concerned.
- tanderson92 10y agoYes, but my larger point here was that "taxable income" ==/==> "taxable compensation". That is, there is strictly more to "tax status" of income than whether it is taxable income. For more, read Pub 970. It's really quite complicated than whether you pay taxes on the income or not.