My wife started working at a contract house in 2017, but decided to open a 401k with them until late that year. Early 2018, she got a permanent job offer at a new company but that company couldn't/wouldn't transfer the 401k over. Mid-late 2018, the 401k bank sent a "Termination Benefit" back of the amount of ~$110 and listed it as taxable income on the form, but with no official tax statement. Where do I put it in income in TurboTax?
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If you did not receive a 1099-R or a 1099-Misc for this income, you can list it under 'Other Taxable Income'.
Here's how to do that:
Select Federal Taxes, Wages & Income, I'll Choose What to Work On.
Scroll to Less Common Income, and select Miscellaneous Income, Scroll to Other Reportable Income.
YES to Other Taxable Income. Enter a Description and Amount (screenshot).
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