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I got a w-2, 1099-misc, and a 1099-int from my former employer from a settlement along with my w-2 for wages. Do I have to file all three form and my w-2 from wages?
The w-2 box 1 is only $453 and shows withholding the 1099-misc box 3 has $679.03 which is different from the 1099-int that shows $679.01 in box 1. Do I really need to file these forms?
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I got a w-2, 1099-misc, and a 1099-int from my former employer from a settlement along with my w-2 for wages. Do I have to file all three form and my w-2 from wages?
Yes, you'll need to file all the forms as you normally would. The 1099-MISC amount should be put on Line 21 of Form 1040. The 1099-INT should be included as interest income on Line 1 of Schedule B. And your W-2s should just be included as wages...like normal.
To get the 1099-Misc on your tax return follow this path in Turbo Tax Premier...
- Click the Federal Taxes tab
- Click the Wages & Income tab
- Click the I'll Choose What I Work button
- Under the Less Common Income, click the Miscellaneous Income 1099-A, 1099-C start button
- Under the Miscellaneous Income heading, click the Other Reportable Income start button
- Click the Yes button for receiving any other taxable income
- Enter a description and the amount, then click the Continue button
- Click the Federal Taxes tab
- Click the Wages & Income tab
- Click the I'll Click the l Choose What I Work button
- Under the Interest and Dividends heading, click the Interest on 1099-INT start button
- Click the Yes button
- Click the I'll Type It In Myself option, click the Continue button
- Enter who you received it from and the amount, then click the Continue button
- Click the Federal Taxes tab
- Click the Wages & Income tab
- Click the I'll Click the l Choose What I Work button
- Under the Wages and Salaries heading, click the Wages and Salaries start button