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?
You'll need to sign in or create an account to connect with an expert.
To report the 1099-Misc form as other income:
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.
The income will be reported on Schedule 1 line 8 with the description that you entered.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
GAP4
Level 2
Geoff55scg
New Member
hakka61
New Member
kgstark
New Member
Sireal
New Member