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LBrown99
New Member

How do I declare income (1700) from a 1099-Misc) ????

How do I declare income 1099-Misc) Paid Cinical Trial
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2 Replies

How do I declare income (1700) from a 1099-Misc) ????

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CatinaT1
Employee Tax Expert

How do I declare income (1700) from a 1099-Misc) ????

Income from a health study is 'Other Income' and is not subject to self-employment. Is the amount entered in box 3 of your 1099-Misc?

 

Take the following steps:

  1. Click on Federal Taxes at the top of the screen; 
  2. Scroll down the page to the last section titled: 1099-Misc and Other Common Income; 
  3. Select start or update next to the topic titled Income from Form 1099-Misc; 
  4. Answer Yes, to the questions Did you get a 1099-Misc?;
  5. Enter the information from your 1099-Misc;
  6. Enter Medical Study for a reason for the 1099-Misc;
  7. For uncommon situations, select [Name] was in a research study and this was the payment;
  8. You will then be asked if you perform a service to earn the money, say No.
  9. If you entered this any other way, make sure to delete the other entries.


 

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