Your question is very common - sorry for the confusion.
Information from Form 1099-MISC can be entered in 2 different locations, depending on your situation:
- Self-Employment - when the income relates to your normal job or something you do regularly. This income will end up on a Sch C, subject self-employment tax and expenses can be entered to reduce the taxable amount. (The Turbo Tax program will help walk you through the proper treatment of that kind of income)
- Other Common Income - something you did only once - and not related to your normal job and not something you intend to do in the future.
If the second example sounds like you - enter this information in Turbo Tax as follows: Go to Federal Taxes - then click on Wages & Income, next look for the section: Other Common Income, then click on Start to the right of "Form 1099-MISC."
I hope this helped you. Thank you for using Turbo Tax.
