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April 5, 2025
Question

How do you prevent turbo tax from showing a 1099-MISC as self employment?

  • April 5, 2025
  • 1 reply
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My 1099-MISC is issued by a brokerage firm and is not self employment.

    1 reply

    April 5, 2025

    You can enter as Miscellaneous Income.  Under Less Common Income select Miscellaneous Income, 1099-A, 1099-C
     

    • On the Let's Work on Any Miscellaneous Income page, select Start to the right of Other reportable income
    • On the Any Other Taxable Income? screen, select Yes
    • On the Other Taxable Income screen enter the description then the amount.  Select Continue
    • On the Other Miscellaneous Income Summary screen, select Done