2632841
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.

T_MB
Level 1

Bonus from previous employer but no 1099 Misc

My wife used to work at a large national law firm and left  5 years ago.  She received a small (under $500) check for a "client origination bonus" this year [I believe a small percent of what that client generated this year], but did not receive a 1099-Misc form.  Turbo-Tax wants me to file a SS-8 form. She didn't perform services this year (and hasn't for 5 years).   The questions on the SS8 form do not seem to fit this situation, as that form seems to be geared towards determining if someone is an employee and/or employers who are not reporting employees. 

 

Is this correct?  

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.

1 Best answer

Accepted Solutions
DavidD66
Expert Alumni

Bonus from previous employer but no 1099 Misc

Do not file a Form SS8.  Payments under $600 do not require a Form 1099,  I suggest you report it as "Other Income".   

 

  • Select "Income & Expenses"
  • Scroll down to the bottom of the page to "Miscellaneous Income"
  • Click on Start/Revisit
  • Scroll down to "Other Reportable Income" and select "Start/Revisit"
  • Give a brief description and enter the amount

The amount will be reported on line 8 of Schedule 1 (Form 1040).

 

You could also report is as Self-Employment Income on Schedule C.

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

View solution in original post

2 Replies
DavidD66
Expert Alumni

Bonus from previous employer but no 1099 Misc

Do not file a Form SS8.  Payments under $600 do not require a Form 1099,  I suggest you report it as "Other Income".   

 

  • Select "Income & Expenses"
  • Scroll down to the bottom of the page to "Miscellaneous Income"
  • Click on Start/Revisit
  • Scroll down to "Other Reportable Income" and select "Start/Revisit"
  • Give a brief description and enter the amount

The amount will be reported on line 8 of Schedule 1 (Form 1040).

 

You could also report is as Self-Employment Income on Schedule C.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
T_MB
Level 1

Bonus from previous employer but no 1099 Misc

Thank you!

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question