Information listed on 1099-MISC Box 3 should be listed as "Other Income" on the Form 1040, page 1, Line 21. However, 1099-MISC Box 3 is not supported on TurboTax Free Edition. You would need to upgrade to TurboTax Deluxe in order to properly enter this information. Once you have upgraded you can follow the steps listed below to assist you in entering this information.
- Start off by deleting the 1099-MISC you originally entered. (Go to TOOLS on your navigation bar. Under "Other helpful links..." click on "Delete a Form". Then find the 1099-MISC.)
- Click on "Federal"
- Click "Wages & Income"
- Scroll down to and Click on "Miscellaneous Income, 1099-A, 1099-C"
- Click on "Other reportable Income"
- Answer Yes to "Did you receive any other taxable income?"
- Enter the Description of the taxable income
- Enter the Amount received
- Click "Continue"
- Click "Done"
Following these steps should correctly enter this income onto Line 21.
