If you are assigning the income as a nominee to your son, you can entering it as other income and then going back and entering a negative amount.
To enter the 1099-Misc as non-self-employment income take the following steps:
- Income
- 1099-MIsc under Other Common Income
- Enter the information from the 1099-MIsc
- Continue through and say the work does NOT involve work that is like your main job
- Enter Nominee as the reason for this 1099-Misc
- Select the years you received it
- Say no, to did this involve an intent to earn money
Then you will take the following steps to remove the income:
- Income
- Less Common Income
- Miscellaneous Income
- Other Reportable Income
- Answer Yes to Any Other Taxable Income
- Enter the description such as 1099-Misc received as a nominee
- Enter the amount on the 1099-Misc as a negative number.
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