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The form that I have is a 1099-misc form. This is from auto exam and this is part of my job I do with shell federal credit union. I sell extended warranty

I get this when I do an auto refinance. This is not a self employed. I don’t get taxed on this. Maybe this is the reason I got this 1099-misc form?
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1 Reply
FangxiaL
Expert Alumni

The form that I have is a 1099-misc form. This is from auto exam and this is part of my job I do with shell federal credit union. I sell extended warranty

Maybe you are considered as an independent contractor. If it is considered as other income, you don't pay self-employment tax on it. 

 

Please follow these steps to report 1099-Misc as other income:

  1. Open or continue with your return
  2. Click on Show more next to Other Common Income under Income & Expenses section
  3. Click on Start next to Form 1099-MISC
  4. Select Yes to the question Did you get a 1099-MISC?
  5. On the next screen, enter the information on the 1099-MISC form you received. The amount should be reported in Box 3 as Other income 
  6. Answer the questions on the screens that follow. When you get to the screen that says Did the xxx involve an intent to earn money? Select No, it didn't involve an intent to earn money.
  7. Continue, then Done.

 

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