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KMMaine
New Member

Where to enter 1099 Misc "other income" in TurboTax for Business?

A complex Trust received a form 1099-MISC with $35 in box 3 Other Income and I have no additional information from the investment company. 

In TurboTax only there is a 1099-MISC entry for this. But TurboTax Business (for entities) doesn't have this topic at all. Where/how do I enter this 'other income". I am doing the return for a complex trust

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2 Replies
JamesG1
Expert Alumni

Where to enter 1099 Misc "other income" in TurboTax for Business?

Report the income received on IRS form 1099-MISC box 3 other income as other income on IRS form 1041 for a complex trust.

 

  • Across the top of the screen, select Federal Taxes.
  • Across the top of the screen, select Income.
  • Scroll down to Other income or loss.
  • Click Start / Update to the right of Other income or loss.

 

@KMMaine 

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KMMaine
New Member

Where to enter 1099 Misc "other income" in TurboTax for Business?

Thank you! I will give that a try.

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