Can 1099 misc direct other income to line 21 on 1040? instead of to line 12 on 1040?

rshrevetax — Wed, 05 Jun 2019 21:49:49 GMT

my 1099 misc income is other, not business. but turbo keeps sending it to business line 12 on 1040 and wants me to use schedule c. I want the other income to go to line 21 on the 1040. how do I delete the income from line 12?

Here's how to enter other income on Form 1040 line 21 in...

Patrice — Wed, 05 Jun 2019 21:49:50 GMT

Here's how to enter other income on Form 1040 line 21 in TurboTax.

· Click the Federal Taxes tab ( Personal in the Self-Employed or Home & Business version)

· Click Wages & Income. (Personal income in the Self-Employed or Home & Business version)

· Click "I'll choose what I work on."

· On the screen "Your 2016 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.

Option 2

Here's how you'll enter them so they're not treated as business income requiring SCH C.

Reporting 1099-MISC (box 3) that is not self-employment income

Under the Wages & Income tab (or Personal Income tab) scroll down to Other Common Income and elect to start/update Income from form 1099-MISC. Then click YES to indicate you have a 1099-MISC.

Enter the 1099-MISC exactly as printed, and then Continue.

Enter the reason you got this money – be it scholarship, bonus, streaking butt naked across the 50 yard line of the super bowl, whatever. Then continue.

Select None of these apply, then Continue.

Select No, it didn’t involve work….. and Continue.

Select ONLY the tax year for which this specific 1099-MISC was issued. Do not select the year that you received the 1099. Select the year for which the 1099-MISC was issued. Select no other year. Then Continue.

Select No, it didn’t involve an intent to earn money, then Continue.

Select NO, then Continue.

Click the DONE button, and that does it.

topic Can 1099 misc direct other income to line 21 on 1040? instead of to line 12 on 1040? in Get your taxes done using TurboTax

Can 1099 misc direct other income to line 21 on 1040? instead of to line 12 on 1040?

Here's how to enter other income on Form 1040 line 21 in...