Non-Qualified Pension 1099-MISC

[user17692770492]

My wife receives a non-qualifying pension from her ex-husband's previous employment.  It's reported from Fidelity on a 1099-MISC but when I try to enter as a 1099-MISC, Turbo Tax, Mac Desktop, wants to create a new, additional self-employment with additional tax consequences.  I have therefore entered it in Turbo Tax as "Miscellaneous Income, 1099-A, 1099-C".  Am I doing the right thing ?

[ThomasM125 · Accepted solution]

No, you should be able to enter the 1099-Misc form without the income being considered self-employment income. To do so, on the screen that says Did the income involve work like your main Job? you would have to answer "no". How often did you receive the distributions? the answer would be just the current year. When you see Did the money involve an intent to earn money? you would need to say "no". Those questions are not a part of your tax return, they are simply asked to allow TurboTax to determine if your income is self-employment income, which it is clearly not.