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March 7, 2025
Question

I have a Form 1099 OMB. Do I report that on my Turbo Tax and if so, where does it fit?Thanks.

  • March 7, 2025
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    1 reply

    DoninGA
    Employee
    March 7, 2025

    OMB stands for Office of Management and Budget.  It is not part of a Form 1099 other then used as a form number such as 1545-0115

     

    We need to know which of the almost two dozen different type of Form 1099 you are referring to:

    Form 1099-A, Acquisition or Abandonment of Secured Property
    Form 1099-B, Proceeds From Broker and Barter Exchange Transactions
    Form 1099-C, Cancellation of Debt
    Form 1099-CAP, Changes in Corporate Control and Capital Structure
    Form 1099-DIV, Dividends and Distributions
    Form 1099-G, Certain Government Payments
    Form 1099-H, Health Coverage Tax Credit (HCTC) Advance Payments
    Form 1099-INT, Interest Income
    Form 1099-K, Payment Card and Third Party Network Transactions
    Form 1099-LTC, Long-Term Care and Accelerated Death Benefits
    Form 1099-MISC, Miscellaneous Income
    Form 1099-NEC, Nonemployee Compensation
    Form 1099-OID, Original Issue Discount
    Form 1099-PATR, Taxable Distributions Received From Cooperatives
    Form 1099-Q, Payments From Qualified Education Programs (Under Sections 529 and 530)
    Form 1099-R, Distributions From Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.
    Form 1099-S, Proceeds From Real Estate Transactions
    Form 1099-SA, Distributions From an HSA, Archer MSA, or Medicare+Choice MSA