U.S. GRADUATE STUDENT

ALL AI or AR SERVICE INCOME

(no fellowship above tuition)

 

AI/AR service income
$19,420
W-2 box 1; put on tax return line 7 (add to scholarship amount)
Fellowship used for tuition
$28,550
non-reportable
     
Interest income
$350
put on tax return line 8a
Interest paid on qualified student loan
$500
put on tax return line 18
Federal tax withheld

$1,900

W-2 box 2; put on tax return line 39
NJ state tax withheld

$290

W-2 box 17

 NOTE:

If you are married and are filing a joint return, you make take two exemptions, line 6; your spouse's wages (if any) must be put on tax return line 7; and you can take the "married" standard deduction ($9,500 line 24).