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New Member
posted Jun 6, 2019 2:01:05 AM

My 1099-misc only has information in box 7. when i go to file I am getting an error that I am not reporting that income in all areas. Where else do I need to report 1099?

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2 Replies
New Member
Jun 6, 2019 2:01:06 AM

A 1099-MISC with the amount in Box 7 is considered self-employment income.  If payment for services you provided is listed in box 7 of Form 1099-MISC, the payer is treating you as a self-employed worker, also referred to as an independent contractor.

For more information/other situations, review this article: <a rel="nofollow" target="_blank" href="https://www.irs.gov/faqs/interest-dividends-other-types-of-income/1099-misc-independent-contractors-and-self-employed/1099-misc-independent-contractors-and-self-employed-1">https://www.irs.gov/faqs/interest-dividends-other-types-of-income/1099-misc-independent-contractors-and-self-employed/1099-misc-independent-contractors-and-self-employed-1</a>

If this is not self-employed income, please comment and I will assist further.

Level 2
Jun 6, 2019 2:01:08 AM

Your question is very common - sorry for the confusion. 

Information from Form 1099-MISC can be entered in 2 different locations, depending on your situation:

  • Self-Employment - when the income relates to your normal job or something you do regularly. This income will end up on a Sch C, subject self-employment tax and expenses can be entered to reduce the taxable amount. 
  • Other Common Income - something you did only once - and not related to your normal job and don't plan on doing this type of work in the future. 

If the second example sounds like you - enter this information in Turbo Tax as follows: Go to Federal Taxes - then click on Wages & Income, next look for the section: Other Common Income, then click on Start to the right of "Form 1099-MISC."

I hope this helped you. Thank you for using Turbo Tax.