I need to enter a negative amount on line 21 "other income" form 1040 schedule 1 and enter Notice 2014-7 on the line. How do I do this with this program?

Forum|Forum|6 years ago
January 31, 2020
3 replies
58 views

Where can I find line 21 on the computer?

TurboTax Free Edition Online

RobertG

Alumni - Intuit

The 1040 has changed for 2019. Line 21 "other Income" is now Form 1040, Schedule 1 Line 8 'other income'.

To enter it in TurboTax, you report it under the income section

Select 'Less Common Income'
Then select 'Miscellaneous Income'
Then select 'Other reportable income'
The next screen will ask if you had 'Any Other Taxable Income?' Select Yes.
The next screens will ask for a description and the amount.

The amount will be reported on Form 1040 Schedule 1 Line 8

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

elarsen1

Level 2

Thanks so much. I never would have figured it out on my own. It was exactly what I needed.

mallik

Level 2

When I enter negative amount as described above, Turbotax is not allowing me to eFile my Federal tax returns. It says I need to fix the return and 'Wages, Salaries & Tips worksheet: TP other earned inc shouldn't be less than zero." Please help!!

I need to enter a negative amount on line 21 "other income" form 1040 schedule 1 and enter Notice 2014-7 on the line. How do I do this with this program?

3 replies

Unlock tailored help options in your account

Get answers to all your tax questions

Unlock tailored help options in your account

Get answers to all your tax questions

Sign up

Login with SSO

Let's get you signed in

Login with SSO