It depends on your student status, as well as the type of payment you receive. The following table outlines exemption eligibility by payment type.
Payment Type |
Exempt from Social Security Taxes? |
Wages |
Yes, if the student is enrolled at least half-time and works for the educational institution. |
Fellowships |
Yes. Fellowship payments are not considered wages or self-employment income.
Note: Fellowship payments are generally subject to income tax. |