topic How do I remove my 1099 and file it separate in Business & farm

How do I remove my 1099 and file it separate

tinamsanchez2177 — Sat, 01 Feb 2020 01:11:56 GMT

Re: How do I remove my 1099 and file it separate

VolvoGirl — Sat, 01 Feb 2020 01:13:57 GMT

What kind of 1099? You have to report all your income on the same tax return. You can't file it separately.

Re: How do I remove my 1099 and file it separate

Carl — Sat, 01 Feb 2020 03:22:15 GMT

There are 20 types of 1099's. 1099-R, 1099-C, 1099-MISC, 1099-DIV, 1099-INT, 1099-OID and on and on and on. What type of 1099 do you have? What gives you the impression that you can file it separately from your personal 1040 tax return?

Re: How do I remove my 1099 and file it separate

Danegr20 — Mon, 03 Feb 2020 04:07:01 GMT

Id like to know if possible.... I have a 1099 INT for cashing EE bonds, with roughly $4,500 interest in Box 3. Entering this into my filing caused federal return to go down $1,000!

Re: How do I remove my 1099 and file it separate

VolvoGirl — Mon, 03 Feb 2020 04:48:32 GMT

That can happen. By increasing your income it also may have reduced any credits you were getting. In addition to the Tax you owe on it.

Re: How do I remove my 1099 and file it separate

Danegr20 — Mon, 03 Feb 2020 04:53:16 GMT

Thought id be paying 10%, not 22% based on my whole income bracket. Hardly makes these bonds worth it!

Re: How do I remove my 1099 and file it separate

VolvoGirl — Mon, 03 Feb 2020 04:55:23 GMT

It may have also pushed you into a higher bracket.