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New Member
posted Apr 12, 2023 6:38:58 PM

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

0 2 871
2 Replies
Expert Alumni
Apr 13, 2023 7:16:55 AM

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 

New Member
Apr 13, 2023 2:11:25 PM

Thank you! I will give that a try.