Where to add 1099 money I received from Real estate agent? and My Child was born on 24/08/2016, so is it right that I selected that child lived with me for 'whole year' ?

[VolvoGirl]

Why did you get a 1099Misc?  We assume you got a 1099Misc, or was it a 1099S or something else?   Are you a real estate agent or were you a seller or buyer?

[Carl]

Reporting 1099-MISC (box 3 or box 7) that is not self-employment income

Under the Wages & Income tab (or Personal Income tab) scroll down to Other Common Income and elect to start/update Income from form 1099-MISC. Then click YES to indicate you have a 1099-MISC.

Enter the 1099-MISC exactly as printed, and then Continue.

Enter the reason you got this money – be it scholarship, bonus, streaking butt naked across the 50 yard line of the super bowl, whatever. Then continue.

Select None of these apply, then Continue.

Select No, it didn’t involve work….. and Continue.

Select ONLY the tax year for which this specific 1099-MISC was issued. Do not select the year that you received the 1099. Select the year for which the 1099-MISC was issued. Select no other year. Then Continue.

Select No, it didn’t involve an intent to earn money, then Continue.

Select NO, then Continue.

Click the DONE button, and that does it.

[VolvoGirl]

You might have to upgrade to Deluxe to enter it.

[Carl]

Your 1099-MISC income is reported on a SCH C as a part of your personal tax return. You are considered self-employed as far as the IRS is concerned, for your 1099-MISC income. You will have to upgrade to the Self-Employed version, as you can't report self-employment income with the free edition.

Yes, if your child was born at any time in 2016, even at 11:59 on new year's eve, you select that the child lived with you the whole year.

[Carl]

GOod catch. I read "agent" as "agency" and assumed she is a real estate agent. So if you are a real estate agent @gokulan37h you're good to go already. If not, let us know.

[gokulan37h]

Hi, thanks for the responses. I am not an agent, i was the buyer and the agent returned some money as 1099.. thats is what i am trying to file in any section of the online form..