topic How can I enter a 1099-misc(for a taxable fringe benefit with no pay) so it is entered on line 21with explanation and amount, I am not self employed or have a business? in Get your taxes done using TurboTax

How can I enter a 1099-misc(for a taxable fringe benefit with no pay) so it is entered on line 21with explanation and amount, I am not self employed or have a business?

scaterkid1 — Thu, 06 Jun 2019 09:18:00 GMT

To enter other income on line 21 take the following steps...

Vanessa — Thu, 06 Jun 2019 09:18:02 GMT

To enter other income on line 21 take the following steps

click on Federal Taxes
Income & Expenses
Scroll down and click Show More next to Other Common Income
Click Start next to 1099-MISC

Re: To enter other income on line 21 take the following steps...

yv2na — Mon, 03 Feb 2020 17:26:52 GMT

I have done that but it will not show what the 1099 was for on other income line just the amount. It should say 1099 Misc taxable fringe benefit it just list the amount with no explanation next to it

Re: To enter other income on line 21 take the following steps...

yv2na — Mon, 03 Feb 2020 17:28:54 GMT

How can I get the type of other income and amount on other income line on my tax return

Re: How can I enter a 1099-misc(for a taxable fringe benefit with no pay) so it is entered on lin...

KarenJ2 — Mon, 03 Feb 2020 17:52:46 GMT

The other income detail is on Schedule 1 not on the 2 page 1040. Schedule 1 totals the Additional Income and Adjustments to Income. You will find your detail on Line 8, Schedule 1.

Re: How can I enter a 1099-misc(for a taxable fringe benefit with no pay) so it is entered on lin...

pitt1945 — Wed, 25 Mar 2020 19:22:17 GMT

The problem is that the program is asking a bunch of inapplicable questions about the business that earned the income reported on the 1099-misc. There is no business. I'm retired and received the 1099-misc for union fringe benefits. There is no business to name or describe, and no industry in which the business operates. I receive this every year, and have used TurboTax in the past without any issues. I feel like this is going to screw up my return, and am seriously considering using a different tax preparation program that contemplates the situation.

Re: How can I enter a 1099-misc(for a taxable fringe benefit with no pay) so it is entered on lin...

LeonardS — Wed, 25 Mar 2020 19:36:30 GMT

To enter your 1099-MISC for fringe benefits follow these steps.

With TurboTax open select Wages & Income.
Scroll down to Less Common Income and select Miscellaneous Income, 1099-A, 1099-C
On the next page, select Other reportable income
On the page, Other Taxable Income enter Fringe Benefits in the description.

This will put the income on Schedule 1 Line 8 of your Form 1040, as required by the IRS. You will pay state and federal income tax on the amount, but it will not be subject to self-employment tax.