We received a 1099-misc with $25 in box 6 (Medical and health care payments). My husband believes this was either a mileage reimbursement or a research study payment. TT wants this entered on a schedule c for self employment income. Is this correct or should I be entering this a different way?
You'll need to sign in or create an account to connect with an expert.
It should not be self-employment income. You need to edit the 1099-MISC entry and on the screen that says Does one of these uncommon situations apply? choose the I was in a research study and this was a payment option, and then indicate that you did not perform a service to earn the money paid to you. Then, it will be treated as Other Income as opposed to self-employment income.
Thank you!
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
hollysmith174
Level 1
sirhc66
Level 1
jstefl
New Member
KLU44
Level 1
daddyjet
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.