Is the stipend (student or faculty) taxable?
Yes. Withholding will be taken from the stipend checks; you may be able to adjust the amount withheld via the appropriate forms (see Human Resources). If you do not make enough annually to pay tax, you should be able to get most or all back in refunds by the appropriate filings. [Disclaimer: We can’t give you real ‘tax advice’ here because we’re not tax accountants and don’t know your particular situation.
