JulieS
Expert Alumni

Get your taxes done using TurboTax

In your case the correct approach is to report your income as Other Wages, but not complete Form 8919.

 

This is how to do that in TurboTax:

  1. Select Federal on the left side menu.
  2. Select Income and Expenses toward upper left.
  3. Expand/ scroll down the list and find the section called, Less Common Income.
  4. Scroll all the way down and select Miscellaneous Income, 1099-A, 1099-C.
  5. Select Other income not already reported on a Form W-2 or Form 1099.
  6. Answer the first question Yes.
  7. Click Continue until you get to the page titled, Any Other Earned Income?
  8. Answer Yes and click Continue.
  9. Select Other and click Continue.
  10. Enter a description and amount on this page, click Done.

 

The income will show on line of Form 1040. It will be included in your taxable income, but you will not pay self-employment tax on it. 

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