You need to make sure that when you enter this 1099-MISC into TurboTax, that you select the following choices so that it is not included as self-employment income. Just edit your 1099-MISC information and pay close attention to the answers in the last 4 steps.
To enter as miscellaneous income in TurboTax Online or Desktop, please follow these steps:
- Once you are in your tax return, click on the “Federal Taxes” tab ("Personal" tab in TurboTax Home & Business)
- Next click on “Wages & Income” ("Personal Income" in TurboTax Home & Business)
- Next click on add more income “I’ll choose what I work on” (jump to full list)
- Scroll down the screen until to come to the section “1099-MISC and Other Common Income”
- Choose “Income from Form 1099-MISC” and select “start’
- Enter your 1099-MISC information
- Click through the screen for work description.
- Does one of these uncommon situations apply? - None of these apply
- Did the involve work that's like XXXX main job? - No
- How often did (you) get income for ? Just leave as 2015 only
- Did the involve an intent to earn money? No
Now your income will be reported on line 21 on your 1040.
To preview 1040:
- Sign into https://myturbotax.intuit.com/
- Under Tax Timeline, click on Take me to my return
- Go to "My Account" > "Tools"
- Under the Tools Center, select "view tax summary"
- Select "Preview my 1040"