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Get your taxes done using TurboTax
It can go in the Other Income area.
- Go to the Personal tab in the Home & Business version
- select Continue or I'll Choose What I Work on (if they show up)
- then, Personal Income
- scroll to Less Common Income
- then, Miscellaneous Income, 1099-A, 1099-C
- at the bottom there will be a selection for Other Reportable Income > select that and continue through the prompts.
You will be able to enter a description and amount. This will not affect your self-employment income, only Ordinary Income. It will show up on line 21 of your Federal Form 1040.
- Go to the Personal tab in the Home & Business version
- select Continue or I'll Choose What I Work on (if they show up)
- then, Personal Income
- scroll to Less Common Income
- then, Miscellaneous Income, 1099-A, 1099-C
- at the bottom there will be a selection for Other Reportable Income > select that and continue through the prompts.
You will be able to enter a description and amount. This will not affect your self-employment income, only Ordinary Income. It will show up on line 21 of your Federal Form 1040.
May 31, 2019
5:00 PM