Question

1099MISC $8100 in box 3. Don't want Schedule C.

Forum|Forum|7 years ago
June 1, 2019
4 replies
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Still need help with a 1099MISC with $8100 in box 3. TT insists that I need a Schedule C even though the money was part of my wife's pension meant to pay for her health care insurance.

TurboTax Premier Windows

Carl11_2

Employee

Generally, box 7 is self-employment income. Box 3 "can" be self employment income. It depends on why you were paid the money. So why were you paid the money?

A

aplandjimAuthor

Still need help with a 1099MISC with $8100 in box 3. TT insists that I need a Schedule C even though the money was part of my wife's pension meant to pay for her health care insurance.

Carl11_2

Employee

Reporting 1099-MISC (box 3 or box 7) that is not self-employment income

Under the Wages & Income tab (or Personal Income tab) scroll down to Other Common Income and elect to start/update Income from form 1099-MISC. Then click YES to indicate you have a 1099-MISC.

Enter the 1099-MISC exactly as printed, and then Continue.

Enter the reason you got this money – be it scholarship, bonus, streaking butt naked across the 50 yard line of the super bowl, whatever. Then continue.

Select None of these apply, then Continue.

Select No, it didn’t involve work….. and Continue.

Select ONLY the tax year for which this specific 1099-MISC was issued. Do not select the year that you received the 1099. Select the year for which the 1099-MISC was issued. Select no other year. Then Continue.

Select No, it didn’t involve an intent to earn money, then Continue.

Select NO, then Continue.

Click the DONE button, and that does it.

A

Ashby

No, if entered correctly, this will not be Schedule C income.

Go to Wages & Income > I'll Choose What I Want To Work ON

Then go to 1099-MISC

Enter the 1099 and make sure you answer the interview questions like I have in the images below

A

Ashby

I'm sorry my answer was not helpful. I just did the exact process in my download program and the income was put on Line 21 of the 1040 where it should go as "other income". Can I help you further?