I had already done what you suggested. I entered Ford-FICA-Legal Services Plan under Who Paid you. Actually nobody paid me. This is a taxable benefit. I put in the payers id number. I put in the taxable amount in box three.
On the next screen “describe the reason for this 1099 Misc. I entered Taxable Benefit.
The next screen asks DOES ONE OF THE SITUATIONS APPLY?
I checked NONE OF THE ABOVE
THE next screen asks did this taxable benefit involve work like Michael’s main job.
I answered NO.
The next screen asked how often I received this taxable benefit.
I checked all the boxes.
The next screen says Guess what? Michael can deduct expenses for the taxable benefit work.
Next screen “Let’s confirm the reason for this income “I checked taxable benefit.
Next screen “Did you get another 1099 mic for taxable benefit. I answered no.
Next screen “Did Michael get cash or other income for taxable benefit? I entered 0.
Next screen “Did one of you get a 100 misc. for a different reason. Answer NO
Ok now were done with the 1099-MIsc and move on to other income and finally we come to “
Now were in to Smart Check and the first screen that comes up is Schedule C Profit and loss from business.
Turbo Tax this year does not seem to know what a taxable benefit is
I had no problem last year
Ok, Now I give up.
Any help ??????
mike
