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March 28, 2024
Question

I earned money for taking classes in my field. What "type" of income is this?

  • March 28, 2024
  • 1 reply
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1 reply

Hal_Al
Employee
March 28, 2024

It depends on the details. Who paid you; why did they pay you; what kind of tax form (e.g. 1099-NEC) was issued, etc.

 

The general rule: side gig money, in your field, is treated as self employment income. Competing general rule: money that pays for education is scholarship.