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vtriver
New Member

My 1099 is for a bonus. How do I characterize that so I don't get charged as self-employed income?

 
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4 Replies

My 1099 is for a bonus. How do I characterize that so I don't get charged as self-employed income?

You employer should have reported this on a W-2 forms.

My 1099 is for a bonus. How do I characterize that so I don't get charged as self-employed income?

Is there an amount in Box 7 of the1099-MISC?
Leonard
Intuit Alumni

My 1099 is for a bonus. How do I characterize that so I don't get charged as self-employed income?

To enter your 1099-MISC with TurboTax open select the Wages & Income Tab scroll down to the line 1099-MISC  and another Common Income click on Visit All/Update on the line Tax refunds, 1099-G, 1099-MISC, 1099-K follow the program prompts to enter your information.  TurboTax will automatically transfer the data to the proper tax forms.

My 1099 is for a bonus. How do I characterize that so I don't get charged as self-employed income?

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