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Forum|Forum|3 years ago
October 10, 2022
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TurboTax Premier Online

Anonymous_

Level 15

@Mike9241

Critter-3

Level 15

Follow these directions to post 1099-Misc, box 3 income not subject to self-employment taxes.

Down the left side of the screen, click Federal.
In the center of the screen, click Income & expenses.
On the screen Your income and expenses, scroll all the way down to the last section, Less Common Income.
Click the Start or Update button for the last topic, Miscellaneous Income, 1099-A, 1099-C.
On the next screen, Let's Work on Any Miscellaneous Income, scroll down and click the Start or Update button for the last topic, Other reportable income.
The next screen asks, Did you receive any other taxable income. Click Yes.
On the next screen, Other Taxable Income, enter a description and the amount. Click Continue.
On the next screen click Done.

The income will be reported on Schedule 1 line 8 with the description that you entered.

Nero1Author

Level 2

Thanks for your response. Does this exclude the stipend from being taxed? Your directions say to enter it under Other Taxable Income, so it seems like it's going to be taxed. I was wondering if the stipend can be excluded from taxes, since our IHSS provider salary is excluded from taxes if we're live-in providers.