Solved: How do I enter a Segal Education Award?
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

How do I enter a Segal Education Award?

I received a 1099 MISC for a Segal Education Award. TurboTax considers it business income. Is there another way to enter it?

1 Best answer

Accepted Solutions
Highlighted
Level 9

How do I enter a Segal Education Award?

Per IRS, the AmeriCorps Education award should be reported on line 21, as Other Income and not as self-employment income.

When going through the 1099-Misc income, be sure to:

* select None of these apply on the "Does any of these uncommon situations apply" screen

* select No, it didn't involve work like my main job

* select No, it didn't involve an intent to earn money - such data entries will trigger the amount to be placed as Other Income on line 21, Form 1040, not subject to SE tax.

More details:

https://www.irs.gov/Help-&-Resources/Tools-&-FAQs/FAQs-for-Individuals/Frequently-Asked-Tax-Question...

View solution in original post

4 Replies
Highlighted
Level 9

How do I enter a Segal Education Award?

Per IRS, the AmeriCorps Education award should be reported on line 21, as Other Income and not as self-employment income.

When going through the 1099-Misc income, be sure to:

* select None of these apply on the "Does any of these uncommon situations apply" screen

* select No, it didn't involve work like my main job

* select No, it didn't involve an intent to earn money - such data entries will trigger the amount to be placed as Other Income on line 21, Form 1040, not subject to SE tax.

More details:

https://www.irs.gov/Help-&-Resources/Tools-&-FAQs/FAQs-for-Individuals/Frequently-Asked-Tax-Question...

View solution in original post

Highlighted
New Member

How do I enter a Segal Education Award?

It keeps saying that it "needs review".
Highlighted
Returning Member

How do I enter a Segal Education Award?

I am also getting this response and after going back multiple times and checking, there are no errors.  Mine is on the W-2G gambling winnings form.  I even deleted the form and started over.  What do I do?

Highlighted
Level 15

How do I enter a Segal Education Award?

@dlparker47 

A W-2G is a totally different topic than the subject of this thread (educational awards'grants/scholarships).

 

See: https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-a-w-2g/01/26773#M249

Privacy Settings