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tax8230
New Member

We both received 1099 misc for bonus programs from the manufactuers of the products we sell at work. How do we report them?

Both 1099 misc income is reported as other income. My husband's income was cash income paid by the manufacturer of one of the types of cars we sell at work. The income was for customer satisfaction survey responses for the work he performed on their vehicles. My 1099 was a trip that I won from a manufacturer of one of the types of cars we sell at work. The trip was earned in a program that I am enrolled in at work and was based on tests that I completed and by submitting my employers financial statements accurately and timely each month to the manufacturer. How do we report these incomes? Are they considered job related or prize money?

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1 Reply
PatriciaR
New Member

We both received 1099 misc for bonus programs from the manufactuers of the products we sell at work. How do we report them?

Here are the steps to enter a manufacturer's incentive in TurboTax:

(Manufacturer's Incentives are sometimes referred to as SPIFFS)
  • While signed into your account (Take me to my return),
  • In the Search box (upper right of program) search "1099 misc" then click the "Jump to" link from results
  • Enter your 1099-MISC with amount from Box 3 and on next page, you will be asked to "Describe the reason for this 1099-MISC?" enter SPIFF
  • On next screen, check the box for "This was a manufacturer's incentive payment"

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