1099-MISC reported on line 3 that is not schedule C income. How do I report this?

1099-misc REPORTED INCOME ON LINE 3. HOW DO I REPOIRT THIS THAT IT DOES NOT GO TO SCH C?

posted

Connect with an expert

1 Best answer

Accepted Solutions

1099-MISC reported on line 3 that is not schedule C income. How do I report this?

The key to getting TurboTax to treat it as other income is to follow these steps:

Enter the 1099-Misc

On the next screen Describe what the payment was for

On the next screen select "none of these apply"

On the next screen select "No it didn't involve work like my main job"

On the next screen select "I got it in 2016" ONLY

On the next screen select No, it didn't involve intent to earn money

TurboTax will put the amount on line 21 as other income

View solution in original post

1 Reply

1099-MISC reported on line 3 that is not schedule C income. How do I report this?

The key to getting TurboTax to treat it as other income is to follow these steps:

Enter the 1099-Misc

On the next screen Describe what the payment was for

On the next screen select "none of these apply"

On the next screen select "No it didn't involve work like my main job"

On the next screen select "I got it in 2016" ONLY

On the next screen select No, it didn't involve intent to earn money

TurboTax will put the amount on line 21 as other income

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post