Winlife
Returning Member

Retirement tax questions

This was a problem of mine as well. I discovered how to fix it. Fill in the 1099-Misc form and put "Other Income" and then on the next step do NOT say that you received it last year or the year before that or plan on getting it next year. Only put the current year.  If you put other years a Schedule C is generated and then there is no fix without working directly on the 1040. Be sure to give a reason for the income (Non-employee compensation and why).