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April 3, 2020
Question

1099 and schedule C

  • April 3, 2020
  • 1 reply
  • 0 views

I entered a 1099 Misc amount and Schedule C business expenses and neither is showing up on the Income Summary page. Is there an amount below which 1099 income is not counted as income?

1 reply

KrisD15
April 3, 2020

No, there is no threshold for income. 

Please preview your 1040, look at Schedule C and also Schedule 1 line 3. 

 

Click Tax Tools on the left side bar

Click Tools that drops down

Click "View My Tax Summary" on the screen 

Click "Preview my 1040" that now appears on the left side bar

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