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

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

diffeyjw
New Member

Reporting 1099-MISC income that is not self-employment or any employment and is not subject to self-employment taxes

 
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 Best answer

Accepted Solutions
DavidD66
Expert Alumni

Reporting 1099-MISC income that is not self-employment or any employment and is not subject to self-employment taxes

This should be reported as "Other Income".  to enter in TurboTax, while in your return:

 

  • Click on Search and Type "Other Income" in the search window, and hit "Enter"
  • Click on "Jump to Other Income"
  • Enter the information from your Form 1099-MISC, and click on Continue 
  • Enter a description such as "Prize Winnings" and click on Continue
  • On the screen with "Does one of these uncommon situations apply?", indicate "None of these apply"
  • Answer "No..." to "Did the 'Other Income' involve work that's like your main job?"
  • Answer "I got it in 2022" when asked "How often did you get income for 'Other Income'?"
  • Answer "No, it didn't involve an intent to earn money."

The amount will be reported on line 8 of Schedule 1 (Form 1040).

 

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

View solution in original post

2 Replies
DavidD66
Expert Alumni

Reporting 1099-MISC income that is not self-employment or any employment and is not subject to self-employment taxes

This should be reported as "Other Income".  to enter in TurboTax, while in your return:

 

  • Click on Search and Type "Other Income" in the search window, and hit "Enter"
  • Click on "Jump to Other Income"
  • Enter the information from your Form 1099-MISC, and click on Continue 
  • Enter a description such as "Prize Winnings" and click on Continue
  • On the screen with "Does one of these uncommon situations apply?", indicate "None of these apply"
  • Answer "No..." to "Did the 'Other Income' involve work that's like your main job?"
  • Answer "I got it in 2022" when asked "How often did you get income for 'Other Income'?"
  • Answer "No, it didn't involve an intent to earn money."

The amount will be reported on line 8 of Schedule 1 (Form 1040).

 

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

Reporting 1099-MISC income that is not self-employment or any employment and is not subject to self-employment taxes

Thanks that did it!  

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