As a retired state farm insurance agent as part of my retirement benefit I receive 1099 misc income listed in box 3. Do I have to continue to file a schedule c? SE Tax?

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1 Best answer

Intuit Alumni

Jun 4, 2019 10:44:55 PM

No, you do not have to continue to file a Schedule C, or SE tax for the other income reported on your Form 1099-MISC. Your other income will be reported on Form 1040 Schedule 1 line 21.

To enter your 1099-MISC with TurboTax open in wages & income select 1099-MISC follow the program prompts to enter your information. TurboTax will automatically transfer the data to the proper tax forms

Intuit Alumni

Jun 4, 2019 10:44:55 PM

No, you do not have to continue to file a Schedule C, or SE tax for the other income reported on your Form 1099-MISC. Your other income will be reported on Form 1040 Schedule 1 line 21.

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As a retired state farm insurance agent as part of my retirement benefit I receive 1099 misc income listed in box 3. Do I have to continue to file a schedule c? SE Tax?