Are stipends taxable?

The country’s tax treatment will apply to stipend. In many jurisdictions stipends are taxed as income, while in others stipends may be excluded from income in part or in whole by characterizing them as educational grants. The chance that a stipend for services rendered would be taxable increases. Nevertheless, if it is merely educational and not work in return, it may be tax free. They should consult an accountant or tax authorities to check the specific tax obligations of the recipients and the possibility of deduction of taxable amount(s).