JohnB5677
Expert Alumni

Self employed

To determine if your 1099-MISC is taxable will require you to answer all of the questions in the interview.  Many of the questions have examples or additional information that will help guide you in the process.

 

Enter this Miscellaneous Income:

  1. Click on the Federal tab.
  2. Click on Income & expenses.
  3. Scroll down to Less Common Income.
  4. Click on Start or Update button Miscellaneous Income, 1099-A, 1099-C
  5. On the next screen (Let's Work on Any Miscellaneous Income), click the Start or Update button for Other reportable income.
  6. Continue the interview to Does one of these apply? 
  7. Select None of these apply. - Continue
  8. Does this involve work like "Your" main job? - No
  9. How often did "You" get income for this?  Enter all that are appropriate.
  10. Did this involve an intent to earn money.  See examples if in doubt.
  11. These questions will determine if your 1099-MISC is taxable.

The income will be reported on Schedule 1 line 8 (z) with the description that you entered. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"