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pyburnr
New Member

How do I change my misc income that is reported on my 1099 to be put on line 21 of 1040 not a Schedule C form, this auto populates to when I downloaded it to turbotax?

 
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2 Replies

How do I change my misc income that is reported on my 1099 to be put on line 21 of 1040 not a Schedule C form, this auto populates to when I downloaded it to turbotax?

In TurboTax, enter your form 1099-MISC in the 1099-MISC section and follow the interview until you arrive at the page titled Did this involve an intent to earn money?. Answer that this did not involve an intent to earn money. The amount will be reported as Miscellaneous income and will not be subject to Self-employment tax.

Cynthiad66
Expert Alumni

How do I change my misc income that is reported on my 1099 to be put on line 21 of 1040 not a Schedule C form, this auto populates to when I downloaded it to turbotax?

You will manually enter the form 1099 information.

 

To enter as Other Income, here are the steps:

  • Sign in to your account, select Pick up where you left off
  • To the right upper corner, in the search box, type in "other reportable income" and Enter
  • Select Jump to other reportable income
  • Next screen, Other Wages Received, select No to continue
  • Next screen, scroll down all the way to the bottom, under Other reportable income, select Start
  • Next screen, Any Other Taxable Income? select Yes to continue
  • Enter a description and the amount.

 

You'll usually report this income on Form 1040, Line 21, as Other income. This is taxable income not subject to self-employment tax. When the income reported on Form 1099-MISC Box 3 is from your trade or business, report it with your business income.

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