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Get your taxes done using TurboTax
Per California's FTB's website ("https://www.ftb.ca.gov/about-ftb/newsroom/middle-class-tax-refund/help.html") "Individuals who received a California Middle Class Tax Refund (MCTR) of $600 or more will receive a 1099-MISC for this payment".
My son received $350, and therefore did NOT receive a 1099-MISC (and therefore no Payer's TIN/EIN). How can this $350 of income be correctly reported in TurboTax?
I'm using TurboTax Deluxe for Windows (Version [phone number removed] ; TurboTax.exe Version 2022.47.16.35) with latest updates as of 2023-02-02 applied.
If I attempt to report the $350 as an MCTR payment in Box 3 on a 1099-MISC form in TurboTax Deluxe, then TurboTax Deluxe complains that "the EIN or Box3 amount is not a valid value for a CA MCTR".
TurboTax Deluxe recommends that the EIN and/or Box3 Amount is changed or the "CA MCTR" flag is unchecked (which seems like a bad idea since the $350 will then probably become taxable).