1099 Misc

[kdraa]

My son received a 1099-MISC from his employer. They put money in a fund for the employers and at times they receive payments from it.  It is not a retirement fund.  When I enter it in Turbo Tax it thinks that it is money from being self-employed and then asks questions that aren't necessary.  How do I change this?

[FangxiaL]

To report the 1099-Misc form as other income:

1. Open or continue with the return
2. Click on Show more next to Other Common Income under the Income & Expenses section
3. Click on Start/Revisit next to Form 1099-MISC 
4. Enter the information from the 1099-MISC form.

[kdraa]

That's what I have done, but then it asks me questions about the income being from self-employed and asks me the name of business when the income is from his main employment.

[Critter-3]

• Down the left side of the screen, click Federal.
• In the center of the screen, click Income & expenses.
• On the screen Your income and expenses, scroll all the way down to the last section, Less Common Income.
• Click the Start or Update button for the last topic, Miscellaneous Income, 1099-A, 1099-C.
• On the next screen, Let's Work on Any Miscellaneous Income, scroll down and click the Start or Update button for the last topic, Other reportable income.
• The next screen asks, Did you receive any other taxable income. Click Yes.
• On the next screen, Other Taxable Income, enter a description and the amount. Click Continue.
• On the next screen click Done.

The income will be reported on Schedule 1 line 8 with the description that you entered.