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February 17, 2024
Question

How should I list Forn 1099-Misc This income was for Health Care Premium coverage after i retired ?

  • February 17, 2024
  • 1 reply
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1 reply

February 19, 2024

This would be considered 'Other Income'.  Follow the steps below to make your entry in your tax return.

 

Other Miscellaneous Income:

 

Go to the Wages and Income  section of TurboTax

  1. Scroll to  Less Common Income > Select  Miscellaneous Income, 1099-A, 1099-C
  2. Select Other reportable Income > Enter a description (----) and the amount

The good news is that even though it is from your former employer, there is no social security or medicare tax required to be paid.

 

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