2601752
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Yes, enter the award as described above. Here is another LINK verifying it, although the way to enter is outdated as the 1040 form has changed.
You can verify the entry by viewing your 1040 afterward.
In order to preview your return, please follow the instructions below:
Once you enter your 1099-MISC, it is important that you answer the questions that follow the entry screen for the 1099-MISC. If answered correctly, you will also be able to have this income flow to Schedule 1, Line 8h, rather than self-employment income.
Please follow the instructions below:
Line 8h is on Schedule 1 for F1040. Additional Income and Adjustments to Income. That would be for prizes and awards, your "segal" (legal?) award would go there.
In TT, it would be under Personal Income, Common Income, Income from 1099-MISC
Thanks, but it wasn't winnings but it will go on correct line this way? Is there a way to check TT forms while you are doing it to see if it's on the right line?
Thanks again,
Chris
Yes, enter the award as described above. Here is another LINK verifying it, although the way to enter is outdated as the 1040 form has changed.
You can verify the entry by viewing your 1040 afterward.
In order to preview your return, please follow the instructions below:
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