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My wife received payment from a college for mentoring a student teacher and received a 1099-MISC. What do I put down as the reason for the 1099-MISC that will be accepted

 
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IreneS
Expert Alumni

My wife received payment from a college for mentoring a student teacher and received a 1099-MISC. What do I put down as the reason for the 1099-MISC that will be accepted

UPDATED FOR TAX YEAR 2019

 

You can enter the income in TurboTax as Other Common Income.  Depending on your answers to the questions, the 1099-MISC income will flow to either the Schedule C (where you can enter any expenses incurred with the income) OR on line 8 of the 1040 Schedule 1.

 

To report the income on line 8 of the 1040 Schedule 1 and not generate Schedule C or SE tax.  Please use the following steps:

  1. Click on Federal > Wages & Income.
  2. Scroll down to the 1099-MISC and Other Common Income section.
  3. Click on the Start/Update box next Income from Form 1099-MISC.
  4. If you've already entered the 1099-MISC you will see the 1099-MISC Summary.
  5. Click Edit next to the 1099-MISC.
  6. On the screen, Did the XX involve work that's like [your] main job?  Answer No.
  7. On the screen, How often did [you] get income for [XX]?  Mark that you got it in 2019.
  8. Answer Did it involve an intent to earn money?  No

 

[Edited | 4/13/2020 |  11:11 am PDT]









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1 Reply
IreneS
Expert Alumni

My wife received payment from a college for mentoring a student teacher and received a 1099-MISC. What do I put down as the reason for the 1099-MISC that will be accepted

UPDATED FOR TAX YEAR 2019

 

You can enter the income in TurboTax as Other Common Income.  Depending on your answers to the questions, the 1099-MISC income will flow to either the Schedule C (where you can enter any expenses incurred with the income) OR on line 8 of the 1040 Schedule 1.

 

To report the income on line 8 of the 1040 Schedule 1 and not generate Schedule C or SE tax.  Please use the following steps:

  1. Click on Federal > Wages & Income.
  2. Scroll down to the 1099-MISC and Other Common Income section.
  3. Click on the Start/Update box next Income from Form 1099-MISC.
  4. If you've already entered the 1099-MISC you will see the 1099-MISC Summary.
  5. Click Edit next to the 1099-MISC.
  6. On the screen, Did the XX involve work that's like [your] main job?  Answer No.
  7. On the screen, How often did [you] get income for [XX]?  Mark that you got it in 2019.
  8. Answer Did it involve an intent to earn money?  No

 

[Edited | 4/13/2020 |  11:11 am PDT]









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

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