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lfschmitz
New Member

I have received a 1099-misc for a legal benifit recieve from the union. When i enter it it shows as a self employed business income. Hoe do I put this in without it showing up as a business

 
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1 Reply
SharonD007
Expert Alumni

I have received a 1099-misc for a legal benifit recieve from the union. When i enter it it shows as a self employed business income. Hoe do I put this in without it showing up as a business

Taxable legal settlements are not considered self-employment income and do not need to be entered on a Schedule C. Please review the TurboTax Help article Where do I enter an award from a taxable legal settlement? for specific instructions on entering your 1099-MISC.  The income will be considered other income and you will not be subject to self-employment taxes.

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