JohnB5677
Expert Alumni

Get your taxes done using TurboTax

I don't understand.

 

I entered the 1099-misc under 1099's expecting it to be reduced when I entered additional royalty information, but it basically doubled the income.  

  • The 1099-MISC for Royalties is income.  I'm not sure why you thought the income would go down.

The line number for state tax withholding is 16 on 1099Misc. form and in TurboTax. However, it is line15 on royalty side in TurboTax. 

  • Line 16 is State tax withheld.  Line 15 is Nonqual deferred compensation.

The state side did not recognize that it had been withheld when entered on royalty side.  But if I left it in 1099 side only, I couldn't report other expenses. My solution was to put only state withholding in the 1099 side and rest of info in royalty side. I think this is a bug in the program, and it is the first one I've seen in 20 years using TurboTax.

  • I'm not sure where you're posting this.

I'm sure this is not a completely answer to your question, please contact us again and provide some additional details.

 

 

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