Skip to main content
June 3, 2019
Solved

The 1099 Misc only came with boxes 15b and 18 filled but turbo tax requires box 7 to be filled and it’s not. What do I do?

  • June 3, 2019
  • 1 reply
  • 0 views
No text available
    Best answer by CherylW

    According to the instructions for box 15b, it should have something in box 7.  I think the only option you have is to go back to the issuer and have them fix it.

    This, from the instructions for Form 1099:

    Box 15b. Shows income as a nonemployee under an NQDC plan that does not meet the requirements of section 409A. This amount also is included in box 7 as nonemployee compensation. Any amount included in box 15a that is currently taxable also is included in this box. This income also is subject to a substantial additional tax to be reported on Form 1040 (or Form 1040NR). See the Form 1040 (or Form 1040NR) instructions. 

    1 reply

    CherylWAnswer
    Employee
    June 3, 2019

    According to the instructions for box 15b, it should have something in box 7.  I think the only option you have is to go back to the issuer and have them fix it.

    This, from the instructions for Form 1099:

    Box 15b. Shows income as a nonemployee under an NQDC plan that does not meet the requirements of section 409A. This amount also is included in box 7 as nonemployee compensation. Any amount included in box 15a that is currently taxable also is included in this box. This income also is subject to a substantial additional tax to be reported on Form 1040 (or Form 1040NR). See the Form 1040 (or Form 1040NR) instructions.