turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

My employer provides me with a home office stipend/reimbursement. They reported this on a 1099 Misc. Is this taxable income and how do I report it in TurboTax?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies

My employer provides me with a home office stipend/reimbursement. They reported this on a 1099 Misc. Is this taxable income and how do I report it in TurboTax?

Yes. A work-from-home stipend is considered a taxable income. The home-office deduction is not available for full- or part-time workers. The Tax Cuts and Jobs Act of 2017 prevents employees (those who receive a paycheck or W-2) from claiming expenses related to setting up and maintaining a home office.

 

To enter your 1099-misc:

  1. Open or continue your return
  2. Select Search and search for 1099-misc
  3. Select Jump to 1099-misc
  4. Answer Yes to Did you get a 1099-MISC?
    • If you already entered a 1099-MISC, on the 1099-MISC Summary screen select Add Another 1099-MISC
  5. Enter the info from your form into the corresponding boxes
    • If you need to enter boxes 4–6 or 8–17, select My form has other info in boxes 1–18 to expand the form

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

My employer provides me with a home office stipend/reimbursement. They reported this on a 1099 Misc. Is this taxable income and how do I report it in TurboTax?

Thank you. What do I choose as the "SOURCE"? None of the ones listed seem correct. They are listed as: 

 

Choose the source of the rental income:
Depending on the choice you make here, the 1099-MISC income you enter may be moved to another part of the program. Don't worry if you don't see the income on your summary now, you will see it later when you visit that other income topic.
** Rental income from the rental of real estate (Schedule E)
** Income for your business from the rental of personal property or equipment (Schedule C)
** Farm rental income Learn More
**Nonbusiness income from the rental of personal property or equipment Learn More

 

MarilynG1
Expert Alumni

My employer provides me with a home office stipend/reimbursement. They reported this on a 1099 Misc. Is this taxable income and how do I report it in TurboTax?

Is the 1099-Misc reporting the income in Box 1 as Rental Income?  It should be reported in Box 3 as Other Income.  You could ask your employer to issue you a corrected Form 1099-Misc.

 

However, if you can't get a corrected form, you could enter the income as follows:

 

  • Under Income, scroll all the way down to Miscellaneous Income, 1099-A, 1099-C
  • On the next screen, scroll all the way down to Other Reportable Income
  • Any Other Taxable Income? Yes
  • Ignore the message about not entering 1099-Misc, and enter a description and amount.

 

Save any documentation that this income is for a Home Office Reimbursement.

 

@porterkiger 

 

 

 

 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question