Here are the steps to enter your 1099-MISC Box 3 Other Income:
· Sign into your TurboTax account and click Take me to my return
· In the Search box (upper right of program) search 1099 misc
· Click the "Jump to 1099 misc" link from results
· Enter the amount of your 1099-MISC in Box 3
· In Describe the reason for this 1099-MISC, enter description (Ex. Corporate bond interest)
· On next screen, check None of these apply
· Check No, it didn't involve work like main job
· This will put the amount on your return as Other income
NOTE: If you need additional assistance, please comment and I will assist further.
Here are the steps to enter your 1099-MISC Box 3 Other Income:
· Sign into your TurboTax account and click Take me to my return
· In the Search box (upper right of program) search 1099 misc
· Click the "Jump to 1099 misc" link from results
· Enter the amount of your 1099-MISC in Box 3
· In Describe the reason for this 1099-MISC, enter description (Ex. Corporate bond interest)
· On next screen, check None of these apply
· Check No, it didn't involve work like main job
· This will put the amount on your return as Other income
NOTE: If you need additional assistance, please comment and I will assist further.
I am in the same situation (1099-MISC, Box 3 and for Corporate bond interest). The problem is after you reply that is was not for my main job is then asks if you earned it for 2018 (well obviously) and then if I expect to earn it again in 2019. If I answer I expect it again in 2019 it claims I am a business. If I omit expecting it in 2019 I then have to tell the program I did NOT intend to get the money otherwise it claims I am a business again! Is there an easier way around this as if the program thinks I am a business my taxes go through the roof.
Thanks!