No, your Form 1099-MISC shouldn’t be changed.
You’ll need to enter your Alaska Permanent Fund Dividend in TurboTax, then make an additional entry to reflect the supplemental Energy Relief Payment.
First, if you haven't yet entered your Permanent Fund Dividend, please see the TurboTax Help article Where do I enter my 2022 Alaska Permanent Fund Dividend (Alaska PFD)? for guidance.
Once that's entered, you need to make an adjustment for the energy relief payment. To do this in TurboTax Online:
- If you don’t see 2022 TAXES in the left pane, select the dropdown to the right of Income & Expenses on the Hi, let’s keep working on your taxes! page and then select Let’s get started, Pick up where you left off, or Review/Edit.
- Otherwise, in the left pane, select Wages & Income
- Scroll down and select the Show more dropdown to the right of Less Common Income
- Select Edit, Edit/Add or Revisit to the right of Miscellaneous Income, 1099-A, 1099-C
- On the Let's Work on Any Miscellaneous Income page, select Start or Revisit to the right of Other reportable income
- On the Any Other Taxable Income? page, select Yes
- On the Other Taxable Income page, enter Energy Relief Payment in the Description box, and enter your adjustment amount as a negative number (i.e., -662), then select Continue
See the IRS article IRS issues guidance on state tax payments to help taxpayers for more information.
