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Self employed
Enter this Miscellaneous Income:
- Click on Federal tab.
- Click on Income & expenses.
- Scroll down to Less Common Income.
- Click on Start or Update button Miscellaneous Income, 1099-A, 1099-C
- On the next screen (Let's Work on Any Miscellaneous Income), click the Start or Update button for Other reportable income.
- Did you receive any other taxable income. Click Yes.
- Other Taxable Income, enter a description (e.g., Securities Lending Earnings) and the amount. Click Continue.
- Click Done.
The income will be reported on Schedule 1 line 8 (z) with the description that you entered.
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March 16, 2023
10:26 AM