My husband, who is a State Senator, gets a 1099-MISC for constituent allowance. It is listed as other income on his 1099-MISC, but it is being posted as a business on the Turbo Tax. How do I correct this?
02280
1 Best answer
MaryK4
Expert Alumni
Apr 11, 2020 3:15:16 PM
You should enter the 1099-MISC on the Schedule C so that you can deduct any expenses.
2 Replies
MaryK4
Expert Alumni
Apr 11, 2020 3:15:16 PM
You should enter the 1099-MISC on the Schedule C so that you can deduct any expenses.
Carl
Level 15
Apr 11, 2020 3:42:57 PM
It should be reported as business income on SCH C as a part of your personal joint tax return. That way, expenses associated with that income can be deducted from that income so you don't pay taxes on it. If you report it any other way (and you most certainly can) then every penny of it will be taxable income.