I received commissions from life insurance policy renewals from a previous job as a sales associate. How do I report this income?

[KittyM · Accepted solution]

"Residual” commission payments should be reported as Other Income.  To do this in TurboTax,

• In your open Federal return, choose the tab for Wages & Income
• Scroll down to Less Common Income (you may have to click Add more income and See more income to view this topic) and Show more
• Start/Revisit Miscellaneous Income and choose Other reportable income 
• Say Yes to continue to the screen Other Taxable Income. Enter your item description and the amount.

A corresponding entry will appear on Form 1040, Schedule 1, Line 21 of your return.