Non-employee compensation is reported in box 7 for Form 1...

If I gave restricted stock to independent contractors, when I give them a 1099 Misc? Do I report it in box 3?

posted

Non-employee compensation is reported in box 7 for Form 1099-MISC.

There are specific rules and elections for valuing, deducting and timing of restrictive stock, click here for IRS publication 525, Taxable and Nontaxable Income.

Delete an incorrectly entered, now duplicated, excess 401k Deferral under "Any Other Earned Income" in Turbo-Tax

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

If I gave restricted stock to independent contractors, when I give them a 1099 Misc? Do I report it in box 3?

If I gave restricted stock to independent contractors, when I give them a 1099 Misc? Do I report it in box 3?

Get more help

Do you have a TurboTax Online account?

If I gave restricted stock to independent contractors, when I give them a 1099 Misc? Do I report it in box 3?

Do you have an Intuit account?

If I gave restricted stock to independent contractors, when I give them a 1099 Misc? Do I report it in box 3?

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert