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dsepone
New Member

The 1099 Misc only came with boxes 15b and 18 filled but turbo tax requires box 7 to be filled and it’s not. What do I do?

 
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The 1099 Misc only came with boxes 15b and 18 filled but turbo tax requires box 7 to be filled and it’s not. What do I do?

According to the instructions for box 15b, it should have something in box 7.  I think the only option you have is to go back to the issuer and have them fix it.

This, from the instructions for Form 1099:

Box 15b. Shows income as a nonemployee under an NQDC plan that does not meet the requirements of section 409A. This amount also is included in box 7 as nonemployee compensation. Any amount included in box 15a that is currently taxable also is included in this box. This income also is subject to a substantial additional tax to be reported on Form 1040 (or Form 1040NR). See the Form 1040 (or Form 1040NR) instructions. 

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The 1099 Misc only came with boxes 15b and 18 filled but turbo tax requires box 7 to be filled and it’s not. What do I do?

According to the instructions for box 15b, it should have something in box 7.  I think the only option you have is to go back to the issuer and have them fix it.

This, from the instructions for Form 1099:

Box 15b. Shows income as a nonemployee under an NQDC plan that does not meet the requirements of section 409A. This amount also is included in box 7 as nonemployee compensation. Any amount included in box 15a that is currently taxable also is included in this box. This income also is subject to a substantial additional tax to be reported on Form 1040 (or Form 1040NR). See the Form 1040 (or Form 1040NR) instructions. 

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