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June 6, 2020
Question

Why is the 1099misc question always showing self employment instead of disability income which I receive from GuideStone Financial Resources.

  • June 6, 2020
  • 1 reply
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1 reply

VictoriaD75
June 9, 2020

Follow these steps if you have a 1099-MISC:

  • Under the Federal menu, click on Wages & Income
  • Expand the menu for Other Common Income
  • Click Start/Revisit next to Form 1099-MISC
  • Enter the information as shown on your document

When answering the questions, be sure to indicate that the income is not related to a main line of work or business. This should then report the income on line 8 of Schedule 1 and not require a Schedule C or self-employment taxes.

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