take stipend, cheap hotel?

Published

In most cases, is it more financially beneficial for someone who isn't picky about housing to take the stipend offered and stay in a cheap hotel? In terms of being able to pocket the remainder of the stipend? Also, does the traveler need to own a home to be eligible for stipend, or is that only for other tax free benefits?

Specializes in Orthopedic/Neurology.

Okay great, I think this is what I was getting at..Is there a monetary guideline? Could I show receipts of payments to my grandmother for 20.00 dollars a month and be considered to have a tax home? This sounds shady, but I don't want to pay rent just to get a housing stipend.

Specializes in Orthopedic/Neurology.
As long as you can cough up a lease and utility bill for an audit you have a tax home in the apartment

Okay great, I think this is what I was getting at..Is there a monetary guideline? Could I show receipts of payments to my grandmother for 20.00 dollars a month and be considered to have a tax home? This sounds shady, but I don't want to pay rent just to get a housing stipend.

+ Join the Discussion