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New Member
posted Jun 5, 2019 5:27:30 PM

1099 misc form is checked in box 9, where do i enter my income

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1 Best answer
New Member
Jun 5, 2019 5:27:32 PM

Form 1099-MISC Box 9 reports information rather than income. The company reports to the IRS that you made direct sales of product for resale. This implies that you will report this activity on Schedule C as income/expenses from self-employment. When you enter Form 1099-MISC, leave Box 9 blank.

To include this on the Schedule C, Click on the Business tab > I'll choose what I work on > Update/Start next to Business income and expenses (enter business info if you haven't already done so) > On the Your Business screen click update/start next to Business Income > Update/start next to General Income. enter the sales amount here. (see below images)

2 Replies
New Member
Jun 5, 2019 5:27:32 PM

Form 1099-MISC Box 9 reports information rather than income. The company reports to the IRS that you made direct sales of product for resale. This implies that you will report this activity on Schedule C as income/expenses from self-employment. When you enter Form 1099-MISC, leave Box 9 blank.

To include this on the Schedule C, Click on the Business tab > I'll choose what I work on > Update/Start next to Business income and expenses (enter business info if you haven't already done so) > On the Your Business screen click update/start next to Business Income > Update/start next to General Income. enter the sales amount here. (see below images)

New Member
Jun 5, 2019 5:27:33 PM

This is great for 2016, but what about 2018?  Help.