Deductions & credits

You may report the income on form 1042-S as other reportable income.  In TurboTax Online, follow the steps below:

1. Down the left side of the screen, click Federal.
2. Down the left side of the screen, click Wages & Income.
3. Click the down arrow to the right of Less Common Income.
4. Click to the right of Miscellaneous income….
5. Click to the right of Other reportable income.
6. At the screen Other Taxable Income enter the description of the income.
7. Click Add another Miscellaneous income Item. 

The income will be listed on line 8z of the Schedule 1 Additional Income and Adjustments to Income and line 8 of the Federal 1040 tax return.