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TurboTax - 2020 Income Summary shows 0 for 1099-MISC under 2020

Hello,

Please see screenshot - is this a bug with the software or is there something I am missing as to why it does not show 1099-MISC income?  

 

Screen Shot 2021-05-12 at 7.35.38 PM.png

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3 Replies
BillM223
Expert Alumni

TurboTax - 2020 Income Summary shows 0 for 1099-MISC under 2020

Did you have 1099-MISC on your 2019 return? This is in the 2019 column.

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dnaka81
New Member

TurboTax - 2020 Income Summary shows 0 for 1099-MISC under 2020

I've noticed this, too. After entering my1099-MISC data, the 2020 column showed $0. However, if you re-visit the item (using Update) the information is still there. So I think it's a minor glitch for this particular screen. The totals are also correct if you look at the "forms view".

BillM223
Expert Alumni

TurboTax - 2020 Income Summary shows 0 for 1099-MISC under 2020

Forms View reflects the actual tax data; the summaries in the TurboTax interviews reflect what you may or may not have entered and should not be taken as tax gospel. 

 

When you enter the 1099-MISC interview, make entries, and back out, isn't there now a second number under the 2020 tab?

 

Besides, I am not sure which box on the 1099-MISC this number is supposed to represent: rent, royalty, other? Since the box used could change from year to year, providing the numbers for comparison may not be too meaningful.

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