topic What is the exact tax rate for my 1099MISC for manufacturer incentive payments? it seems off in my refund. IRS.Gov says its not subject to self employment or federal tax in Get your taxes done using TurboTax

What is the exact tax rate for my 1099MISC for manufacturer incentive payments? it seems off in my refund. IRS.Gov says its not subject to self employment or federal tax

Miket — Tue, 04 Jun 2019 18:20:06 GMT

from irs.gov
(1) are not treated as wages, (2) are not subject
to federal income tax withholding, social security,
medicare, or federal unemployment tax, and (3) are
not considered to be selfemployment income and,
therefore, are not subject to selfemployment tax.

It is taxed at your regular tax rate. For example, if you...

TaxGuyBill — Tue, 04 Jun 2019 18:20:08 GMT

It is taxed at your regular tax rate.

For example, if you are in the 25% tax bracket, it is taxed at 25% (plus State tax, plus the 'extra' income could affect other things on your tax return).

It is not subject to Federal tax withholding, but it is still subject to Federal income tax.

Re: What is the exact tax rate for my 1099MISC for manufacturer incentive payments? it seems off in my refund. IRS.Gov says its not subject to self employment or federal tax

001Tilley — Wed, 31 Mar 2021 15:09:31 GMT

How do I know without seeing my return before filing that my 1099 Misc for incentive payments was applied

correctly and not self employment.

Re: What is the exact tax rate for my 1099MISC for manufacturer incentive payments? it seems off in my refund. IRS.Gov says its not subject to self employment or federal tax

Hal_Al — Wed, 31 Mar 2021 15:32:28 GMT

The income should show on line 8 of Schedule 1 with wording that identifies it as incentive or other income.

Re: What is the exact tax rate for my 1099MISC for manufacturer incentive payments? it seems off in my refund. IRS.Gov says its not subject to self employment or federal tax

Critter-3 — Wed, 31 Mar 2021 15:25:12 GMT

How do I preview my TurboTax Online return before filing?

You can view your entire return or just your 1040 form before you e-file:

Open or continue your return.
Select Tax Tools in the left menu (if you don't see this, select the menu icon in the upper-left corner).
With the Tax Tools menu open, you can then:

Preview your entire return: Select Print Center and then Print, Save, or Preview This Year's Return (you may be asked to register or pay first).
View only your 1040 form: Select Tools. Next, select View Tax Summary in the pop-up, then Preview my 1040 in the left menu.