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Since it's not earned income, enter it as below.
Reporting 1099-MISC (box 3 or box 7) that is not self-employment income
Under the Wages & Income tab (or Personal Income tab) scroll down to Other Common Income and elect to start/update Income from form 1099-MISC. Then click YES to indicate you have a 1099-MISC.
Enter the 1099-MISC exactly as printed, and then Continue.
Enter the reason you got this money – be it scholarship, bonus, streaking butt naked across the 50 yard line of the super bowl, whatever. Then continue.
Select None of these apply, then Continue.
Select No, it didn’t involve work….. and Continue.
Select ONLY the tax year for which this specific 1099-MISC was issued. Do not select the year that you received the 1099. Select the year for which the 1099-MISC was issued. Select no other year. Then Continue.
Select No, it didn’t involve an intent to earn money, then Continue.
Select NO, then Continue.
Click the DONE button, and that does it.
I got royalties from oil rights in my 1099-MISC , it had my payment on (Line 2: Royalties) I put it in (Line 7: Nonemployee compensation)
It bypassed all the self-employment crap and I was able to choose oil rights as the reason why I was compensated.
No extra turbo tax fees either.
So I'm having issues with a 1099 misc I'm not self employed and part of my wage is what they call fringe itsipart of my prevailing wage ( its the benefit package paid in cash) and my employer sends it to a third party in Ohio and i live and work in Oregon anyway the third party is who sends me the 1099 , they also take out federl taxes
But it did involve work for my employer
Fringe benefits are generally included in an employee's gross income (there are some exceptions). The benefits are subject to income tax withholding and employment taxes. The laws have changed a good bit the last few years. You should not be receiving cash benefits on a 1099-MISC. Please review Publication 15-B (2021), Employer's Tax Guide to Fringe. It may be I am not understanding the situation or your employer is not aware of the changes.
To enter other income that is non-cash:
My question is similar. My husband annually receives a benefit from his worker's union that is basically the cost of the benefit that is provided free by the union. It's reported on 1099-MISC. He is retired now, but has always received this benefit even when he was still working.
I entered the 1099-MISC by going to Other Income and selecting 1099-MISC. Because it didn't fall into the other categories (farm income or other income like prize winnings), it prompted me whether he received it in prior years and expects it this year or if it is just this year. As soon as I indicate he has received it in prior years and expects it next year, it begins treating it as self-employment income, and TurboTax prompts me to answer questions related to self-employment income that aren't relevant and don't make sense for this type of income.
With the help of one TurboTax Live's accountants, I deleted the Schedule C, which seemed to work at first. We looked at the Federal Review, and there were no issues. However, I have since added self-employment income of my own, and now I keep getting a flag on Box 3 that wants a Schedule C for my husband's 1099-MISC. It's income, but not self-employment income, and I can't seem to get around this. Any suggestions?
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