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Level 2
January 31, 2025
Question

1099 Misc for retiree health insurance stipend

  • January 31, 2025
  • 1 reply
  • 5 views

I received a 1099 Misc for a monthly health insurance stipend provided to retirees from my previous employer.  This is the first year I received  a 1099, but I have been receiving the stipend for several years.   If I check on the TT form that I received the stipend in previous years and plan to receive it in 2025, I then have to answer questions about being self-employed which does not apply.  I did reply No to the other questions that don't apply (e.g. that this is not part of my main job, etc.)  Is there a work around to this?  Should I reply that I just received the stipend in 2024. 

    1 reply

    Level 15
    January 31, 2025

    The important question to answer is that you didn't engage in the activity for profit.  This stipend is taxable but it is not self-employment income and not subject to self-employment tax.  

     

    @Brambilla 

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    BrambillaAuthor
    Level 2
    January 31, 2025

    Thanks for your response.  However, when I check that I received the stipend in prior years and will also in 2025, the system goes on to ask questions about self-employment.  Is there a work around?

    Level 15
    January 31, 2025

    Yes, go ahead and tell it that you only received it for 2024.  You will continue to do that every year.

     

    @Brambilla 

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