300804
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Tax Law Changes - One Big Beautiful Bill on Aug 6! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

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

1099 misc box 5

Trying to file under self employment for seasonal fishing
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
DawnC0
Intuit Alumni

1099 misc box 5

To enter your 1099-MISC with amounts in box 5 for 'fishing boat proceeds', follow this path:

Sign in and click Take Me To My Return if not already in your return. 

  • Federal Taxes (Personal in SE) >>
  • Wages & Income >>
  • Other Common Income >>
  • Form 1099-MISC >>  

Under box 7, you will need to put a checkmark in the box that says 'My form has other info in boxes 1-18' in order to view the entire form.  If you enter the form into a different section other than ''Other Common Income'', you may not see the box to place the checkmark that will show box 5.  See image below; this will transfer your income to a Schedule C.  

FOR A SHORTCUT:  In the Search box (upper right of the program), search "1099 misc" and select the "Jump to" link.  This will take you to the correct page to enter your 1099-MISC under Other Common Income.

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