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Retirement tax questions
It depends. Was it reported on a 1099-Misc? If not, it should be reported as other income.
- Log into Turbo Tax
- Go to federal>income and expenses>all income>>show more
- Less Common Income> Start
- Miscellaneous Income,>start
- Other reportable income>start
- Next screen asks Any Other Taxable Income>yes
- The next screen will allow you to report the income with a brief explanation.
If you have a 1099-Misc:
- Log into Turbo Tax
- Go to federal>income and expenses>all income>>show more
- other Common income>show more
- Form 1099-MISC start
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‎February 9, 2021
12:32 PM