RobertG
Expert Alumni

Business & farm

If you received a Form 1099-Misc with an amount in Box 3, this is usually considered self-employment income.

 

A 1099-MISC often but not always relates to self-employment income.

 

A non-work 1099-MISC would be for things like:

  • Prize money
  • Lawsuit settlements
  • Research studies
  • Other

After you enter the info from your form, we’ll ask you a few questions to determine what type of 1099-MISC it is and link it to the correct income section of your return.

 

 

For further information please see the TurboTax website: Does a 1099-MISC mean I'm self-employed?

 

 

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