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4621cm
New Member

I filed my taxes, but I want to do a "what if" scenario to see if should use a schedule C with my 1009 Misc. How can I do?

My wife is a Nanny, and I want to figure out if her income can all be reported on a 1099 Misc, and I take advantage of the Schedule C. She currently gets a W-2 from Mom and a 1099 Misc from Dad. I've filed my taxes, but want to do a what if for next year.

Thx

1 Best answer

Accepted Solutions
AnnetteB
Intuit Alumni

I filed my taxes, but I want to do a "what if" scenario to see if should use a schedule C with my 1009 Misc. How can I do?

If you want to use your 2018 information to create the what-if scenario, you can create a new account using TurboTax Online.  Enter 'dummy' information into the return and just do not follow-through with filing the return.  You can clear it when you are finished testing.  There would be no charges incurred to do this.

Or, if you are using a CD/downloaded version of TurboTax, you can use the File > Save As function to create a dummy copy of the return you just filed and then edit that copy to create the what-if scenario. 

Using your 2018 information will give you some idea of how it would affect your return overall if all of the income were reported on 1099-MISC.

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1 Reply
AnnetteB
Intuit Alumni

I filed my taxes, but I want to do a "what if" scenario to see if should use a schedule C with my 1009 Misc. How can I do?

If you want to use your 2018 information to create the what-if scenario, you can create a new account using TurboTax Online.  Enter 'dummy' information into the return and just do not follow-through with filing the return.  You can clear it when you are finished testing.  There would be no charges incurred to do this.

Or, if you are using a CD/downloaded version of TurboTax, you can use the File > Save As function to create a dummy copy of the return you just filed and then edit that copy to create the what-if scenario. 

Using your 2018 information will give you some idea of how it would affect your return overall if all of the income were reported on 1099-MISC.

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