☰
✕
Sign In

Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 4, 2019 1:29:55 PM

Do I need to enter my 1099 in the self employed business section and under the personal section? Is one spot better than the other?

0 1 537
1 Best answer
Level 7
Jun 4, 2019 1:29:56 PM

Do NOT enter the same 1099-MISC in both sections. 

If your 1099-MISC is for business income (or you are an independent contractor), then its best to enter it in the self employed section (i.e. create a business profile and add all your income including the 1099-MISC and then take all your expenses).  If you enter a business-related 1099-MISC in the personal section, the program will likely move it to the business section anyways after you answer business related questions.

If your 1099-MISC is for a personal item - i.e you won a prize or its a one time payment for something you aren't in business for - then enter it in the personal section.

1 Replies
Level 7
Jun 4, 2019 1:29:56 PM

Do NOT enter the same 1099-MISC in both sections. 

If your 1099-MISC is for business income (or you are an independent contractor), then its best to enter it in the self employed section (i.e. create a business profile and add all your income including the 1099-MISC and then take all your expenses).  If you enter a business-related 1099-MISC in the personal section, the program will likely move it to the business section anyways after you answer business related questions.

If your 1099-MISC is for a personal item - i.e you won a prize or its a one time payment for something you aren't in business for - then enter it in the personal section.