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Deductions & credits
Let me point you to a different direction so that Turbo Tax will not require you to fill out a Schedule C but you will need to report this as wages and you will need to pay your uncollected social security and Medicare taxes as part of this reimbursement.
- Log into Turbo Tax
- Wages and Income
- Other Common Income
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Form 1099-NEC>start
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First question say yes. if it asks to upgrade, pick deluxe for now if you are not there already. if you are in a premier version, this is fine.
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now enter your 1099 NEC information
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Next screen will ask the reason, put in mileage reimbursement
- Next screen says does one of these uncommon situations apply? Here select My employer reported this extra money on a 1099-NEC but it should have been reported on a W-2.
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Next screen regarding 8919,select I received a Form W-2 and this Form 1099-NEC, but all the income reported on this Form 1099-NEC should have been included on my Form W-2 from XXX.
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The next couple of screens will tell you that this will be reported as wages but your return will contain a form 8919 that will report your uncollected taxes and Medicare taxes in your return. This will keep you from having to report this as a separate business in a Schedule C.
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