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debcan35
New Member

I have a 1099-Misc with only box 3 & 16 with information. The money received was due to us opting out of receiving insurance through an employer. What reason would I use?

 
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Accepted Solutions
KrisD15
Expert Alumni

I have a 1099-Misc with only box 3 & 16 with information. The money received was due to us opting out of receiving insurance through an employer. What reason would I use?

“cash in lieu of benefits” 

 

DO NOT enter the 1099-MISC in the Self-Employment section. 

 

Click open Wages & Income 

Scroll down and if you have an entry in the Self-employment Income and expenses, you'll need to delete that

YOU NEED TO SCROLL DOWN FURTHER PAST SELF-EMPLOYENT

Scroll down to "Other Common Income" and click Show more

Scroll down to Form 1099-MISC and click Start

 This section allows you to enter a 1099-MISC and select that it was not earned as Self-employment income. 

 

Cash in lieu of benefits

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2 Replies
KrisD15
Expert Alumni

I have a 1099-Misc with only box 3 & 16 with information. The money received was due to us opting out of receiving insurance through an employer. What reason would I use?

“cash in lieu of benefits” 

 

DO NOT enter the 1099-MISC in the Self-Employment section. 

 

Click open Wages & Income 

Scroll down and if you have an entry in the Self-employment Income and expenses, you'll need to delete that

YOU NEED TO SCROLL DOWN FURTHER PAST SELF-EMPLOYENT

Scroll down to "Other Common Income" and click Show more

Scroll down to Form 1099-MISC and click Start

 This section allows you to enter a 1099-MISC and select that it was not earned as Self-employment income. 

 

Cash in lieu of benefits

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
debcan35
New Member

I have a 1099-Misc with only box 3 & 16 with information. The money received was due to us opting out of receiving insurance through an employer. What reason would I use?

I know its been a while since I first asked for help. I have the 1099-MISC where it should be reported and no longer have anything under Self Employment. Now that I am trying to file the taxes it keeps telling me that I have to complete the 1099-MISC information. The problem is, there is nothing more for me to add. There is only two boxes with information in them and those are Box 3 Other Income and Box 16 State/Payer's state no. I don't know what else they are wanting me to add when there is nothing else to add. When doing the final check before filing they are saying that I need to add something to Box 3, but there is nothing else to add. 

 

I am at a loss :( Any help would be appreciated. 

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