How do I enter a Segal Education Award?

[kkorasonkara]

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

[MargaretL · Accepted solution]

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...

[kwaeisi-golliday]

It keeps saying that it "needs review".

[dlparker47]

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?

[Hal_Al]

@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

[lacheporter]

I am getting this error too

[MaryM428]

Delete the 1099-MISC entry

Enter it again following these steps

1. Federal
2. Wages and Income
3. Other Common Income
4. Form 1099-MISC
5. You will fill in the field that asks what the 1099-MISC was for Segal Education Award
6. Complete the rest of the form

This is not like your main job and is not an intent to earn money
 
Form 1099-MISC is intended to report the income of taxpayers who are not employees, such as independent contractors, freelancers, sole-proprietors, and self-employed individuals. The form is also used to report non-employee compensation such as rents, prizes, awards, healthcare payments, and payments to an attorney.

@kkorasonkara 

@lacheporter 

[taxpayer101xx]

the Segal award is taxable and by doing the above, Turbotax is not taking the tax deductions from it which is wrong. 

[lidamayy]

How does this work for the 2021 year? I am not getting the same prompts from Turbo Tax

[PattiF]

You would enter the 1099-MISC for the Segal Education Award as Other Income, not as self-employment income.

To do this:

• Go to Other Common Income in the Income & Expenses section,
• Click Start at the 1099-MISC box
• Enter info from 1099-MISC,
• Describe the reason for this 1099-MISC, and Continue
• Does one of these uncommon situations apply?, Choose None of these apply and Continue
• Check that No, it didn't involve work like my main job
• How often did you get income for Segal Education Award, Choose I got it in 2021 and Continue
• Did the Segal Education Award pay involve an intent to earn money, Choose, No, it didn't …. And Continue