Where do i enter strike pay at?

Forum|Forum|4 years ago
February 8, 2022
3 replies
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TurboTax Deluxe Online

Best answer by ThomasM125

1098-misc

To enter a form 1099-MISC, you need to be in the Wages and Income Section, then choose Other Common Income, then Income from Form 1099-MISC.

VolvoGirl

Employee

Did you get a form for it like a W2 or a 1099Misc or what?

princess10138720Author

Yes i have a form. Just don't know where that info goes

VolvoGirl

Employee

OK what form do you have?

Mike9241

it's complicated. it may or may not be taxable. see this thread for the various possible situations. I would start with the second scenario

https://deductions.tax/strike-pay-tax/

atclark73

I have tried several times to enter the 1099-MISC information. When it gets to the section where my Federal tax is reviewed, I started getting messages to fill in blanks on a form for self-employment. These do not apply to strike fund check and it should not be taxed at self-employment rate. How do I enter the information correctly? I am supposed to check No, it didn't involve intent to earn money?

PatriciaV

Employee

@atclark73

Please clarify if you indicated this income was related to your main job (assuming the strike pay was for your main job). This option would normally prevent the self-employment tax calculation.

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