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Get your taxes done using TurboTax
STOP TRYING TO ENTER ANY 1099 ... DELETE THEM THEN FOLLOW THESE INSTRUCTIONS:
You can report it as other income on Sch 1 line 8. Here's how to enter it in TurboTax.
- Click the Federal Taxes tab ( Personal in the Home & Business version)
- Click Wages & Income. (Personal income in the H & B version)
- On the screen "Your 2020 Income Summary," scroll all the way down to the last section, "Less Common Income."
- Click the Start or Update button for the last topic, "Miscellaneous Income, 1099-A, 1099-C."
- On the next screen, "Let's Work on Any Miscellaneous Income," scroll down and click the Start or Update button for the last topic, "Other reportable income."
- The next screen asks, "Did you receive any other taxable income." Click Yes.
- On the next screen, "Other Taxable Income," enter a description and the amount. Click Continue.
- On the next screen click Done.
The income will be reported on Sch 1 line 8 with the description that you entered.
‎June 6, 2021
8:53 AM