I am stuck- 1099-MISC Box 3. Its asking me to type into the box to the left of Schedule C. I have no clue what it wants from me. I cannot file without resolving the issue

Forum|Forum|3 years ago
April 18, 2022
2 replies
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I am totally out of ideas. I dont even know if it wants a number or a word. I am absolutely clueless, and filing is hinging on this one box.
I got disconnected from customer service, I would love to be reconnected please.

TurboTax Premier Online

Best answer by AamilD

@kjsmm , Delete the first 1099-Misc to clear out the program and then enter as below.

You can enter the 1099-MISC in TurboTax as "Other Common Income. Please use the following steps:

Click on Federal > Wages & Income.
Scroll down to the Other Common Income section.
Click on the Start/Revisit box next Form 1099-MISC.
On the screen Did you get a 1099-MISC? Yes
Enter the information from the 1099-MISC.
On the following screens, answer the following questions:
- Did it involve work that's like your main job? No.
- You got it in 2021
- No, it didn't involve an intent to earn money

7. Continue through the rest of the interview screens. The income will appear as Other Income.

Here's the general procedure for viewing the forms list and deleting unwanted forms, schedules, and worksheets in TurboTax Online:

Open or continue your return in TurboTax.
In the left menu, select Tax Tools and then Tools.
In the pop-up window Tool Center, choose Delete a form.
Select Delete next to the form/schedule/worksheet in the list and follow the instructions.

ColeenD3

If this is not business income, you need to indicate that.

To enter a 1099-MISC for miscellaneous income in TurboTax:

Open or continue your return
Search for 1099-misc and select the Jump-to link

Answer Yes to Did you get a 1099-MISC?
- If you already entered a 1099-MISC, you'll be on the 1099-MISC Summary screen, in which case you'll select Add Another 1099-MISC
- If you need to edit or delete a previously entered 1099-MISC, select the appropriate button

To exclude it as business income, say NO to the questions regarding the intent to earn money and that it involved work like your main job.

kjsmmAuthor

this is for a few free stocks I got when I opened a Webull account. I automatically transferred the documents into turbotax?

Does it think im a business owner?

I am so confused.

AamilDAnswer

@kjsmm , Delete the first 1099-Misc to clear out the program and then enter as below.

You can enter the 1099-MISC in TurboTax as "Other Common Income. Please use the following steps:

Click on Federal > Wages & Income.
Scroll down to the Other Common Income section.
Click on the Start/Revisit box next Form 1099-MISC.
On the screen Did you get a 1099-MISC? Yes
Enter the information from the 1099-MISC.
On the following screens, answer the following questions:
- Did it involve work that's like your main job? No.
- You got it in 2021
- No, it didn't involve an intent to earn money

7. Continue through the rest of the interview screens. The income will appear as Other Income.

Here's the general procedure for viewing the forms list and deleting unwanted forms, schedules, and worksheets in TurboTax Online:

Open or continue your return in TurboTax.
In the left menu, select Tax Tools and then Tools.
In the pop-up window Tool Center, choose Delete a form.
Select Delete next to the form/schedule/worksheet in the list and follow the instructions.

Shekei

Im stuck on the same thing ! Help

PatriciaV

Employee

Delete Form 1099-MISC that is causing the message. Then follow the instructions from ColeenD3:

To enter a 1099-MISC for miscellaneous income in TurboTax:

Open or continue your return

Search for 1099-misc and select the Jump-to link

Answer Yes to Did you get a 1099-MISC?

If you already entered a 1099-MISC, you'll be on the 1099-MISC Summary screen, in which case you'll select Add Another 1099-MISC

If you need to edit or delete a previously entered 1099-MISC, select the appropriate button

To exclude it as business income, say NO to the questions regarding the intent to earn money and that it involved work like your main job.

@Shekei

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lambda13

Still didn't work. No amount of deleting and entering anew gets me through the review so that TurboTax doesn't think there's something wrong. All info has been entered, the interview completed, this isn't earned income, etc. But still same error in TurboTax.. what to do???