TomK2023
Expert Alumni

Retirement tax questions

To enter a 1099-MISC for miscellaneous income (Medicaid Waiver Payment)::

  1. Open your return.
  2. Click on Federal tab, then Wages & Income.
  3. Scroll down to Other Common Income - Tax refunds, 1099-G, 1099-NEC, 1099-MISC, 1099-K, Click on down arrow.
  4. Click on 1099-MISC Start/Revisit.
  5. Enter info from 1099-MISC form (Payer, Federal ID #, Box 3 amount, etc.), Continue
  6. Enter Description for reason for 1099-MISC; perhaps something like "Planning Process for Parent", Continue. 
  7. On Does one of these common situation apply? page, Click on This income is a Medicaid Waiver payment..." Continue.  See image below.
  8. Click on No that you don't have another 1099-YMISC (unless you do, of course), Continue
  9. You should land on 1099-MISC Summary page.

 

 

 

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