Why is turbo tax asking me to enter my 1099-MISC twice? In business section and personal?

[MichaelMc · Accepted solution]

No, please do not do that. There are reasons why TurboTax gives customers the ability to enter a 1099-MISC in either the Business or Personal tab, because the 1099 is a versatile form that is used for many different kinds of payments.

But, you need to make a choice of whether the payment you received is business related (a payment for work as an independent contractor, perhaps) or personal (a bonus, prize, or award). Enter all the information from your 1099-MISC into the appropriate section of your tax return. But, please, only enter it once.