IRS pub 525-preparing 2020 returns pgs 2 and 17- income is excluded for volunteer firefighters up to $50 a month. I rec'd 1099-NEC $482.50. How do I exclude this income?

If you meet the requirements, you can report under "Other Income" and enter the same amount with a negative number to offset the positive amount.

To enter under Other Income, here are the steps:

In TurboTax online program:

• Sign into your account, select Pick up where you left off
• To the right upper corner, in the search box, type in "other reportable income" and Enter
• Select Jump to other reportable income
• Next screen, Other Wages Received, select No to continue
• Next screen, scroll down all the way to the bottom, under Other reportable income, select Start
• Next screen, Any Other Taxable Income? select Yes to continue

Per IRS, if you are a volunteer firefighter or emergency medical responder, do not include in your income the following benefits you receive from a state or local government.

• Rebates or reductions of property or income taxes you receive because of services you performed as a volunteer firefighter or emergency medical responder
• Payments you receive because of services you performed as a volunteer firefighter or emergency medical responder, up to $50 for each month you provided services.

The excluded income reduces any related tax or contribution deduction.  For details, click here: https://www.irs.gov/pub/irs-pdf/p525.pdf  ( page 17)