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manny210
New Member

Where do I add information for a 1099-MISC on Form 1120S on TurboTax Business?

I initially added the information for 1099-MISC for two independent contractors. I see the total on Line 21 of Form 1120S. I now need to add the information for a third independent contractor. I updated the total on line 21 thinking I would be able to bring up the screen to input the information for the third 1099-MISC, but this was not the case. I did that by visiting the section Payments to Independent Contractors (under Compensation and Benefits under the Federal Taxes tab), but it is not giving me the option to pull up the 1099-MISC screen. Please advise. Thanks in advance and God Bless!

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IreneS
Intuit Alumni

Where do I add information for a 1099-MISC on Form 1120S on TurboTax Business?

To prepare an additional 1099-MISC in the 1120S, please follow these steps:

  1. While in your return click Business Info > About your Business
  2. On the Confirm your S Corporation screen, click the Edit box next to Paid contractors.
  3. On the screen Did You Pay Any Shareholders,, Employees or Contractors in 2019? mark the Yes button and click the box, We paid contractors.  Click Continue.
  4. On the screen, Prepare and File Your W-2s and 1099s, click the blue Launch QEF box.  This will  take you to Quick Employer Forms to prepare the additional 1099-MISC.

[Edited | 4/15/2020 | 8:04am PDT]

 

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2 Replies
IreneS
Intuit Alumni

Where do I add information for a 1099-MISC on Form 1120S on TurboTax Business?

To prepare an additional 1099-MISC in the 1120S, please follow these steps:

  1. While in your return click Business Info > About your Business
  2. On the Confirm your S Corporation screen, click the Edit box next to Paid contractors.
  3. On the screen Did You Pay Any Shareholders,, Employees or Contractors in 2019? mark the Yes button and click the box, We paid contractors.  Click Continue.
  4. On the screen, Prepare and File Your W-2s and 1099s, click the blue Launch QEF box.  This will  take you to Quick Employer Forms to prepare the additional 1099-MISC.

[Edited | 4/15/2020 | 8:04am PDT]

 

We paid contractors

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
manny210
New Member

Where do I add information for a 1099-MISC on Form 1120S on TurboTax Business?

Your prompt response is GREATLY appreciated. God Bless!
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