turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

jon-west
New Member

Why does my income summary show a total of zero for my 1099-Misc?

I have two 1099-Misc forms but their total isn't showing up in my income summary section. I have screenshots of this. Thank you!
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
DawnC0
Intuit Alumni

Why does my income summary show a total of zero for my 1099-Misc?

It will show up under business income since it is tied in the program to your business. You do not want it showing up under your personal and business income, as you would be double taxed.  

You are using TurboTax Self-Employed, so TurboTax has listed your business income and personal income in separate places.   To verify this, you can preview your 1040.  Your wages income should be listed on line 1, and your net business income should be listed on Line 3 of Schedule 1 (part of 7a on Form 1040).   To preview your 1040 and Schedules 1-3, go to My Account >>> Tools >>> Tax Summary >>> Preview 1040.

 

[Edited 04/2/20]

 

 

View solution in original post

2 Replies
DawnC0
Intuit Alumni

Why does my income summary show a total of zero for my 1099-Misc?

It will show up under business income since it is tied in the program to your business. You do not want it showing up under your personal and business income, as you would be double taxed.  

You are using TurboTax Self-Employed, so TurboTax has listed your business income and personal income in separate places.   To verify this, you can preview your 1040.  Your wages income should be listed on line 1, and your net business income should be listed on Line 3 of Schedule 1 (part of 7a on Form 1040).   To preview your 1040 and Schedules 1-3, go to My Account >>> Tools >>> Tax Summary >>> Preview 1040.

 

[Edited 04/2/20]

 

 

jon-west
New Member

Why does my income summary show a total of zero for my 1099-Misc?

OH! Okay, thank you so much. That helps out a ton! 🙂
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies