Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

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

cancel
Showing results for 
Search instead for 
Did you mean: 
lskyfm
New Member

Why isn't my 1099-misc income from self employment showing up in my 2016 Income Summary?

It shows it there for the 2015 return but not for this year.
1 Best answer

Accepted Solutions
IsabellaG
Employee Tax Expert

Why isn't my 1099-misc income from self employment showing up in my 2016 Income Summary?

That is a change from 2015. In the past, the 1099-MISC would show in both the Personal Income Summary and the Business Income summary, and it gave the appearance that the income was double-reported. If you can see your 1099-MISC in your business income, it is reported correctly.

What hasn't changed is that your 1099-MISC will be reported as part of your Schedule C Business Income on line 12 of your 1040.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
IsabellaG
Employee Tax Expert

Why isn't my 1099-misc income from self employment showing up in my 2016 Income Summary?

That is a change from 2015. In the past, the 1099-MISC would show in both the Personal Income Summary and the Business Income summary, and it gave the appearance that the income was double-reported. If you can see your 1099-MISC in your business income, it is reported correctly.

What hasn't changed is that your 1099-MISC will be reported as part of your Schedule C Business Income on line 12 of your 1040.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.49m
Members

2.62m
Discussions

Manage cookies
v