MeMyself
New Member

Why is the 1099-MISC being reported as a Business when I worked only for the summer as a research assistant

While working this past summer at Rutgers U, I performed typical research assistant duties, and I got paid for the summer as a result. The university sent me a 1099-MISC and no taxes were taken out. I am not a business. I am a student, but Turbo Tax assumes that I'm a business owner and forces me to register as a business. Why?  In addition, Turbo tax found for me a Federal Deduction that is greater than what the Total Income is reported on the 1099-MISC.  So I should pay $0 tax, but yet Turbo tax shows that I owe federal taxes.  Why?  This seems like a bug in Turbo tax.