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February 20, 2025
Question

where do you put imputed income in income section with 1099 misc

  • February 20, 2025
  • 1 reply
  • 0 views
this is from legal services that are a benifit for my company.

    1 reply

    PatriciaV
    February 23, 2025

    Report this as other reportable income (not from self-employment).

     

    The easiest way to find this section in TurboTax Online is to find Tax Tools in the left column >> Tools >> Topic Search. Type in "1099-MISC", click the topic in the list, then Go. In TurboTax Desktop, use the Topic List found in the header.

     

    Follow the steps below to report income on 1099-MISC.

     

    • Select Federal from the left side menu.
    • Click on Wages & Income.
    • Scroll down to Other Common Income.  Click Show more.
    • Click Start / Revisit to the right of 1099-MISC.
    • Enter a description under Describe the reason.
    • Select 'None of these apply' at the screen Does one of these uncommon situations apply?
    • Select 'No' at the screen Did the income involve work.
    • Select 'No' at the screen Did the income involve an intent to earn money?

    The income will appear on Schedule 1 Line 8 and on Form 1040 Line 8.

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