Here are some examples of the kinds of work that occupational therapists do: Working with children: Helping children achieve their developmental milestones such as fine motor skills and hand-eye coordination.
If your only income is a completely tax-free scholarship or fellowship grant, you do not have to file a tax return and no reporting is necessary. If all or part of your scholarship or fellowship grant is taxable and you are required to file a tax return, report the taxable amount as explained below.You must report the taxable amount whether or not you received a Form W-2.f all or part of your scholarship or fellowship grant is taxable and you are required to file a tax return, report the taxable amount as explained below. You must report the taxable amount whether or not you received a Form W-2.
What happens when the Grantor dies? Under the terms of typical RLTs, the right to revoke the trust expires when the Grantor dies, meaning that the RLT becomes an irrevocable trust. For income tax purposes, all income from RLT assets after the date of death must thereafter be reported on a trust income tax form (Form 1041). Of course, if the RLT does not have an EIN, it will need to obtain one. It is also a good idea for the trustee of the RLT to establish a separate bank account for the trust if it does not already have one.