LisaBr
New Member

Get your taxes done using TurboTax

If there is no income reported on your 1099-MISC, you do not need to report it at all

However, make sure that there is absolutely no income in any box of your 1099-MISC.  The form states that it is reported to the IRS and if it is taxable you will be sanctioned (taxes due plus penalties and interest).  Zero income is not taxable and would not be sanctioned by the IRS.

If you see that there is income to report, you can delete any entries in boxes 16, 17 or 18.  If taxable it will flow to your state return.

Now the 1099-DIV and 1099-INT, is different income to report.  These are reported in entirely separate areas.  It doesn't matter where the income is reported from for investments.  Neither one of these forms have a Box 17.

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