The guided form treated my 1099-misc as a new job when I entered income for oil and gas revenue. Locations of the mineral interests are all in Weld County. CO
The guided form treated my 1099-misc as a new job when I entered income for oil and gas revenue. Locations of the mineral interests are all in Weld County. CO
A 1099-MISC issued for oil and gas revenue is not considered income from a new job. To fix the entry you would need to enter the 1099-MISC under other common income. Follow these steps to enter the 1099-MISC:
Login to TurboTax
Click Wages & Income
Scroll down to Other Common Income
Click Start next to Form 1099-Misc
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