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Get your taxes done using TurboTax
After reading a little bit of the California law, and assuming that this 1099 only includes the penalty, and your regular wages were eventually included on your W-2, then I agree with the turbo tax expert. This is “other income”, and is not subject to self-employment tax, although it is subject to regular income tax. Follow her instructions on how to delete the schedule C and report the income as “other.”
March 25, 2020
3:51 PM