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How do i fill out the paperwork if i worked under the table got a 1099R and a K1 ?

 
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2 Replies

How do i fill out the paperwork if i worked under the table got a 1099R and a K1 ?

A 1099-R reports a distribution from a retirement account and has nothing to do with working.

 

There are several types of K-1 forms that report income.

 

You can enter 1099-R's and K-1's into TurboTax in the appropriate section.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

How do i fill out the paperwork if i worked under the table got a 1099R and a K1 ?

If you got paid for doing side jobs that is self employment income.

 

Just enter it as Cash or General income.  You don't need to get a 1099Misc or 1099K.  Even if you did you can enter all your income as Cash.  Only the total goes to schedule C.

 

You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version.

 

How to enter income from Self Employment

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

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