3500706
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.

where do you put imputed income in income section with 1099 misc

this is from legal services that are a benifit for my company.
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
PatriciaV
Expert Alumni

where do you put imputed income in income section with 1099 misc

Report this as other reportable income (not from self-employment).

 

The easiest way to find this section in TurboTax Online is to find Tax Tools in the left column >> Tools >> Topic Search. Type in "1099-MISC", click the topic in the list, then Go. In TurboTax Desktop, use the Topic List found in the header.

 

Follow the steps below to report income on 1099-MISC.

 

  • Select Federal from the left side menu.
  • Click on Wages & Income.
  • Scroll down to Other Common Income.  Click Show more.
  • Click Start / Revisit to the right of 1099-MISC.
  • Enter a description under Describe the reason.
  • Select 'None of these apply' at the screen Does one of these uncommon situations apply?
  • Select 'No' at the screen Did the income involve work.
  • Select 'No' at the screen Did the income involve an intent to earn money?

The income will appear on Schedule 1 Line 8 and on Form 1040 Line 8.

**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