1099-MISC Bug

Forum|Forum|4 years ago
February 13, 2022
1 reply
0 views

Dear TurboTax,

I found a critical bug on the 1099-MISC prize winnings value adjustment form for married couples filing jointly. I can replicate the bug if helpful. Thank you.

JohnB5677

Level 15

Please clarify the conditions.

You're filing a joint return.
You received a 1099-MISC for prize winnings
I'm not sure what you mean by "value adjustment"?
And I'm not sure how the joint return plays into it?

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NewUserNameAuthor

Level 2

Your first two bullets capture the conditions. There is a screen where you can record the difference between 1) the value of the prize as indicated on the form 1099-MISC and 2) the fair market value of the prize. If married filing jointly the difference can be recorded for each person. The critical bug is on this part.

LenaH

Community Manager

Yes, this is the screen where there’s a bug. The user cannot always go back and adjust the value if they need to.

In your situation, it is recommended that you first log out of your TurboTax Online and delete your cookies.

On rare occasions, they may make your browser think you already did something that you still need to do. To fix that, you'll need to delete (clear) the cookies from your browser. For more information on how to delete your cookies on the browser you are using, please see How do I delete cookies?.

If that fails to work, you can always delete the 1099-MISC and start over to input the updated FMV.

To enter your 1099-MISC, please follow the steps below: