LeticiaF1
Expert Alumni

Retirement tax questions

When you are entering your income for self employment, TurboTax will ask if any of that income includes tips. The tips must be included in a Form 1099-K, 1099-MISC, or 1099-NEC.  After you enter your form there is a question that will ask for the amount of tips that were included.  

 

Guidance for Individual Taxpayers who received Qualified Tips or Qualified Overtime Compensation in ...