My 1099-MISC says the following "the above amount has been reported to the internal Revenue Service on magnetic tape. Our records show that you received an additional $ 0 from ETS during the taxable year which also should be reported on your federal income tax return.
If this wasn't helpful, what information can I provide that will be?
Thank you for responding. I looked at other answers to similar questions. I saw that I am required to report this information.
The 2018 threshold for self employment income is $400. Source: <a rel="nofollow" target="_blank" href="https://www.irs.gov/taxtopics/tc554">https://www.irs.gov/taxtopics/tc554</a>
Thank you! I just wanted to make sure I'm doing this right.
If this is the only 1099-MISC you received, there is nothing to report because it is less than $400.
To accurate report in TurboTax, you would need to upgrade to TurboTax Deluxe.
You cannot enter 1099-MISC income in Free Edition.
For more information, follow this link: TurboTax Online Free Edition