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casadejohnson
New Member

Is there a place to enter a few, small 1099-misc's without filling out a schedule C and all the business deductions? It was only a few small side jobs.

 
1 Best answer

Accepted Solutions
JulieH1
New Member

Is there a place to enter a few, small 1099-misc's without filling out a schedule C and all the business deductions? It was only a few small side jobs.

Because the IRS will receive your 1099-Misc as 1099, it is best not to list them under "miscellaneous income."  

TurboTax is prompting you to do a Schedule C to allow you to deduct expenses because income from a 1099-Misc can be subject to self-employment tax even if you are doing side jobs.

There are some major differences between "other income" and business income.

Self-employment income

  • Money you earn as a contractor, consultant, freelancer, or other independent worker.
  • It's reported on 1099-MISC (Box 7), 1099-K (Box 1a), or as cash, check or credit card sales transactions.
  • Requires you to complete Schedule C.
  • You can deduct expense related to the income.
  • Requires you to pay self-employment tax.

Other income

  • It's money you received from something like a prize, award, lawsuit settlement, etc.
  • It's most often on a 1099-MISC (Box 3).
  • You report it on Line 21 of Form 1040.


https://turbotax.intuit.com/personal-taxes/compare/desktop/

https://turbotax.intuit.com/personal-taxes/compare/online/

There are several types of 1099-MISC forms, with different requirements on your tax return (See details below).

  • After you enter the info from your form, we’ll ask you questions to determine the type of 1099-MISC, whether that’s Self-Employment or another type like Rental Properties and Royalties, Farm Income and Farm Rental, etc.We’ll determine what type of income you received and link your 1099-MISC to the correct income section of your return.
Instructions
  1. Open your return.
    (To do this, sign in to TurboTax and click the Take me to my return button.)
  2. Search for “1099-misc” at the top. In the search results, click the “Jump to” link.
  3. Now follow the screens to enter your 1099-MISC info and answer some questions.
    • If you have already entered at least one 1099-MISC - Click Add Another 1099-MISC to enter a new one.

Whether your 1099-MISC is for Self-Employment, Rent, Royalties, a Lawsuit Settlement, Fishing, or any other reason, enter it on the 1099-MISC screen as instructed above. We’ll link your form to the correct income section of your return after you answer a few questions.

View solution in original post

3 Replies
JulieH1
New Member

Is there a place to enter a few, small 1099-misc's without filling out a schedule C and all the business deductions? It was only a few small side jobs.

Because the IRS will receive your 1099-Misc as 1099, it is best not to list them under "miscellaneous income."  

TurboTax is prompting you to do a Schedule C to allow you to deduct expenses because income from a 1099-Misc can be subject to self-employment tax even if you are doing side jobs.

There are some major differences between "other income" and business income.

Self-employment income

  • Money you earn as a contractor, consultant, freelancer, or other independent worker.
  • It's reported on 1099-MISC (Box 7), 1099-K (Box 1a), or as cash, check or credit card sales transactions.
  • Requires you to complete Schedule C.
  • You can deduct expense related to the income.
  • Requires you to pay self-employment tax.

Other income

  • It's money you received from something like a prize, award, lawsuit settlement, etc.
  • It's most often on a 1099-MISC (Box 3).
  • You report it on Line 21 of Form 1040.


https://turbotax.intuit.com/personal-taxes/compare/desktop/

https://turbotax.intuit.com/personal-taxes/compare/online/

There are several types of 1099-MISC forms, with different requirements on your tax return (See details below).

  • After you enter the info from your form, we’ll ask you questions to determine the type of 1099-MISC, whether that’s Self-Employment or another type like Rental Properties and Royalties, Farm Income and Farm Rental, etc.We’ll determine what type of income you received and link your 1099-MISC to the correct income section of your return.
Instructions
  1. Open your return.
    (To do this, sign in to TurboTax and click the Take me to my return button.)
  2. Search for “1099-misc” at the top. In the search results, click the “Jump to” link.
  3. Now follow the screens to enter your 1099-MISC info and answer some questions.
    • If you have already entered at least one 1099-MISC - Click Add Another 1099-MISC to enter a new one.

Whether your 1099-MISC is for Self-Employment, Rent, Royalties, a Lawsuit Settlement, Fishing, or any other reason, enter it on the 1099-MISC screen as instructed above. We’ll link your form to the correct income section of your return after you answer a few questions.

gpaulltax
Level 1

Is there a place to enter a few, small 1099-misc's without filling out a schedule C and all the business deductions? It was only a few small side jobs.

UAW gives its employees a 1099-MISC for Legal services and it is on there about $25. How doe they report that?

KathrynG3
Expert Alumni

Is there a place to enter a few, small 1099-misc's without filling out a schedule C and all the business deductions? It was only a few small side jobs.

To enter Form 1099-MISC from the UAW for legal services in TurboTax, within your TurboTax program, enter 1099misc in the search box and click the Jump to link in the search results.

 

This will take you to the interview for Form 1099-MISC. 

 

For more information, see: Where do I enter a 1099-MISC?

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