IRS memo 1402(c) (1,2)

78752co · ‎March 23, 2020

How do I enter 1099-Misc Income that is not subject to self employment taxes? I am an appointed public official that is paid a fee when hearing protest cases.

ReginaM · ‎March 23, 2020

To enter a 1099-Misc where you are not charged self-employment tax, follow these steps in TurboTax:

While in your Tax Home,
Select Search from the top right side of your screen,
Enter 1099-Misc
Select Jump to 1099-Misc,
Follow the On-Screen Prompts, until you get to the question that asks, Did the involve work that's like your main job? Answer, No it didn't,
Continue through the on-screen prompts until you are asked this question, Did the involve an intent to earn money? Answer, No it didn't.

This should take care of you!

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AmeliesUncle · ‎March 23, 2020

The income still needs to be reported on Schedule C as a business.

But if you are POSITIVE it is not subject to Self Employment Tax, then you can go into 'Business Taxes' and make an adjustment to the Self Employment Tax.

KatrinaB48 · ‎March 24, 2020

Was the income reported in box 3 or box 7 of form 1099-misc?

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78752co · ‎March 24, 2020

It is in Box 7.

KatrinaB48 · ‎March 24, 2020

Since the income was reported in box 7 you must report it on a schedule c and deduct the expense per the directions above.

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IRS memo 1402(c) (1,2)

Deductions & credits

Deductions & credits

Deductions & credits

Deductions & credits

Deductions & credits