What are the tax reporting requirements for service free stipends?
Generally, stipend payments do not have taxes withheld (this can vary for international recipients.) On an annual basis (by January 31 of each year), HR Processing will stipend recipients a letter regarding taxability and what forms (if any) to expect from Vanderbilt University. Vanderbilt University does not provide tax guidance or assistance; this information is provided as a service and reminds all recipients to seek the counsel of a qualified tax advisor to determine their individual circumstances.