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New Member
posted Jun 4, 2019 11:27:29 PM

I have a 1099 MISC form from US Bank with no income on it. Only has $10 fed tax withheld (box 4); no state tax withheld (box 16); and state payer number (box 17)?

What am i supposed to do with this form and do I seriously have to upgrade to deluxe to enter this when there is apparently no income to be reported, just a $10 federal tax withheld?  And what on earth is this even for or where did it come from if there is no income?

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1 Best answer
Level 1
Jun 4, 2019 11:27:31 PM

To benefit from that additional $10.00, you do not have to upgrade to Deluxe.  You can add it to your return using the Free Edition.

From Tax Home Click on the Federal Tab; 

then Deductions and Credits.

Scroll Down to Estimates and Other Taxes Paid

Click on Other Income Taxes

And scroll  down to Withholding not already entered on a W-2 or 1099

 You would need to contact the issuer-US Bank to gain more information about why that form was sent to you.

3 Replies
Level 1
Jun 4, 2019 11:27:31 PM

To benefit from that additional $10.00, you do not have to upgrade to Deluxe.  You can add it to your return using the Free Edition.

From Tax Home Click on the Federal Tab; 

then Deductions and Credits.

Scroll Down to Estimates and Other Taxes Paid

Click on Other Income Taxes

And scroll  down to Withholding not already entered on a W-2 or 1099

 You would need to contact the issuer-US Bank to gain more information about why that form was sent to you.

New Member
Jun 4, 2019 11:27:32 PM

It appears that US Bank issued a lot of 1099-MISC in error in January.  I received a similar form from them; when I called them, they could not explain why I had taxes withheld but no income reported, other than a random guess that I had received a promotion for using a credit card with them (I do have a credit card with them, but no records of any gains due to any promotions).  Then in late February, I received a corrected 1099-MISC from them that corrected all boxes to 0; of course, this happened to hit my mailbox AFTER I filed, so now I'm on the hook to provide an amended return to quit claiming that the original 1099-MISC counted as taxes already paid.  :(

New Member
Jun 4, 2019 11:27:34 PM

I received the same form.  I don't have an account with US Bank.  The 1099-Misc, Form 4 says I have withholding on Indian gaming profits, but I have never gambled in my life.  I'm not going to report this then since it is false.