topic I have a 1099-MISC with information in box 6 only. Turbo Tax wants me to pick a business, I am not self-employed and I do not own a business in Get your taxes done using TurboTax

I have a 1099-MISC with information in box 6 only. Turbo Tax wants me to pick a business, I am not self-employed and I do not own a business

elp31 — Wed, 29 Jan 2025 16:39:54 GMT

I have information in Box 6 of a 1099-MISC. After I enter the information, TurboTax wants me to select and enter a business, I am not self-employed, and I do not own a business. How am I supposed to enter this when I don't own a business but it keeps asking me for one.

Re: I have a 1099-MISC with information in box 6 only. Turbo Tax wants me to pick a business, I a...

TomK2023 — Wed, 29 Jan 2025 17:03:26 GMT

Enter information from Form 1099-MISC Box 6 (Medical Payments) in TurboTax online program, go to:

Open your return (if not already open)
Enter "1099misc" in the Search box.
Click on "jump to 1099misc" link.
On "Let's get the info from your 1099-MISC" screen, under Box 3, check "My form has other info in boxes 1-18."
Enter information in Box 6 (Medical Payments). Please see image below.

Re: I have a 1099-MISC with information in box 6 only. Turbo Tax wants me to pick a business, I a...

elp31 — Wed, 29 Jan 2025 17:21:51 GMT

Yes I did that, but now it’s asking me to input a business for a schedule C which I don’t have.

Re: I have a 1099-MISC with information in box 6 only. Turbo Tax wants me to pick a business, I a...

JamesG1 — Thu, 30 Jan 2025 00:45:35 GMT

This is taxable income but it is not self-employment income to be reported on Schedule C Profit or Loss from Business.

Report the income as Other Income on Schedule 1 line 8z and line 8 on IRS Form 1040. Follow these steps:

Down the left side of the screen, click on Tax Home.
Click on the down arrow to the right of Review.
Click on the blue band labeled Review.
Down the left side of the screen, click Federal.
Click on Wages & Income.
Scroll down to Less Common Income. Click down arrow to the right.
Click to the right of Miscellaneous income….
Click to the right of Other reportable income.
At the screen Other Taxable Income enter ‘medical payment’.

@elp31

Re: I have a 1099-MISC with information in box 6 only. Turbo Tax wants me to pick a business, I a...

elp31 — Fri, 31 Jan 2025 16:56:40 GMT

I did that, but when I go to put the information in that box it says “Do not put other income from form 1099-MISC here”

Re: I have a 1099-MISC with information in box 6 only. Turbo Tax wants me to pick a business, I a...

DaveF1006 — Sat, 01 Feb 2025 00:34:56 GMT

To clarify, what was this issued to you for? Box 6 is to report medical and health care services to other business's that you provided costing at least $600 to other business's. The way this is recorded in your 1099 MISC, you are in the business of providing medical and health services and this is why it's asking you information about your business.

Re: I have a 1099-MISC with information in box 6 only. Turbo Tax wants me to pick a business, I a...

elp31 — Sat, 01 Feb 2025 01:04:14 GMT

I am not a business and I am not self-employed. I received a reimbursement from my insurance company due to travel for a medical procedure. So we then received this 1099-MISC with the amount we were reimbursed in box 6. I don’t own my own business or anything like that.

Re: I have a 1099-MISC with information in box 6 only. Turbo Tax wants me to pick a business, I a...

PatriciaV — Sun, 02 Feb 2025 17:02:29 GMT

It appears the reimbursement was reported to you in the wrong box. As long as you report the income from Form 1099-MISC on your tax return, you have met the IRS requirements.

To correctly report this transaction, enter the payment amount under Box 3 "Other Income" in the TurboTax 1099-MISC entry screen. As you continue through this section, TurboTax will ask you more about the source of this income and if it was related to your job (say "no"). The result will be income on Schedule 1 Line 9.

The offset to this income would be reported under Medical Expenses. If you itemize your deductions, you may be able to deduct the medical and dental expenses that exceed 7.5% of your adjusted gross income for the year. TurboTax will help you determine if your medical expenses are deductible.

@elp31