I received a 1099 for a national teacher board bonus or stipend, reported in box 3. is the income subject to self employment taxes

dfielder — Tue, 04 Jun 2019 00:53:21 GMT

No. It is “other income “ and not subject to self employm...

Bsch4477 — Tue, 04 Jun 2019 00:53:22 GMT

No. It is “other income “ and not subject to self employment tax.

You can report it as other income on Sch 1 line 21. Here...

Critter — Tue, 04 Jun 2019 00:53:25 GMT

You can report it as other income on Sch 1 line 21. Here's how to enter it in TurboTax.

· Click the Federal Taxes tab ( Personal in the Home & Business version)

· Click Wages & Income. (Personal income in the H & B version)

· On the screen "Your 2018 Income Summary," scroll all the way down to the last section, "Less Common Income."

· Click the Start or Update button for the last topic, "Miscellaneous Income, 1099-A, 1099-C."

· On the next screen, "Let's Work on Any Miscellaneous Income," scroll down and click the Start or Update button for the last topic, "Other reportable income."

· The next screen asks, "Did you receive any other taxable income." Click Yes.

· On the next screen, "Other Taxable Income," enter a description and the amount. Click Continue.

· On the next screen click Done.

The income will be reported on Form 1040 line 21 with the description that you entered.

topic I received a 1099 for a national teacher board bonus or stipend, reported in box 3. is the income subject to self employment taxes in Get your taxes done using TurboTax

I received a 1099 for a national teacher board bonus or stipend, reported in box 3. is the income subject to self employment taxes

No. It is “other income “ and not subject to self employm...

You can report it as other income on Sch 1 line 21. Here...