SantinoD
Expert Alumni

Get your taxes done using TurboTax

You do not have to sign up for Deluxe to enter and file your 1099-MISC form. 

 

 The MCTR is not taxable on the CA tax return, but no guidance has been provided by the IRS as to whether or not it is taxable on the federal tax return. Therefore, TurboTax software is not treating this payment as taxable income. 

 

Once we get more guidance from the IRS, we will notify you of the changes and how to handle them.