Miscellaneous Income

Forum|Forum|5 years ago
March 14, 2021
1 reply
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I hired someone to cut trees off my property and in turn he sent me a 1099-Misc for stump pay. Do I need to report this at all as income as I am not the one who was employed to do the work and I do not qualify as self employed. This was something but not a job done my me?

TurboTax Home & Biz Windows

PattiF

Level 15

This income would not be entered as self-employment income. It is an unusual situation to be paid for a stump, but it does happen.

Here is now to enter the 1099-MISC so that the money won't be tax as earned income.

You can enter the 1099-MISC in TurboTax as "Other Common Income," which is reported on line 8 of 1040 Schedule 1 and will not generate Schedule C or SE tax. Please use the following steps:

Click on Federal > Wages & Income.
Scroll down to the Other Common Income section.
Click on the Start/Revisit box next Form 1099-MISC.
On the screen Did you get a 1099-MISC? click on the Yes button.
On the next screen, Let's get the info from your 1099-MISC, enter the information from the 1099-MISC.
On the following screens, answer the following questions:
- Did it involve work that's like your main job? No.
- You received it in 2020
- No, it didn't involve an intent to earn money