turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

clutejw
New Member

System putting keeps 1099-Misc on the wrong schedule

need to put this income on schedule 1 not schedule C
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
JamesG1
Expert Alumni

System putting keeps 1099-Misc on the wrong schedule

To report the 1099-Misc so that self-employment tax is not computed, follow these steps:

 

  • Down the left side of the screen, click on Federal.
  • Down the left side of the screen, click on Wages & Income.
  • At the screen Your tax breaks, scroll down Other Common Income.  Click Show more.
  • Click on Start / Revisit to the right of Form 1099-Misc.
  • Enter the form information, click Continue.
  • At the screen Describe the reason for this 1099-Misc, enter the reason.  Click Continue.
  • At the screen Does one of these uncommon situations apply?, click on None of these apply.
  • At the screen Does the xxx involve work, click on No, it didn’t involve work.
  • At the screen Did the xxx involve an intent to earn money?, click on No, it didn’t.

The income should be reported as Other Income on line 8 Part I of the 1040 Schedule 1 and not be subject to self-employment tax.

 

@clutejw 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question