Ask Experts Questions for FREE Help !
Ask
    hisokajp's Avatar
    hisokajp Posts: 5, Reputation: 1
    New Member
     
    #1

    Mar 2, 2011, 05:56 AM
    Completing Form 1040 with a 1099-Misc and a 2555?
    My wife, an US citizen living abroad will be filling her tax as married filling separably using a Form 2555 for her Foreign Earned Income exclusion. She then put the total of Form 2555 line 45 in form 1040 line 21 in parentethis. Up to here it is business as usual, however this year she was awarded compensation for a lawsuit in the US and received a 1099-MISC form to declare on this year 1040.
    Does the total amount on the 1099-MISC box 3 need to go on the 1040 live 21 as well? In the "Other income" section?
    If that the case do you "squeeze" in both the 2555 amount next to the 1099 amount or so you add one another and only put the total while referencing both forms next to the box?

    Thank you
    taxesforaliens's Avatar
    taxesforaliens Posts: 649, Reputation: 117
    Senior Member
     
    #2

    Mar 16, 2011, 05:20 PM
    You would put the total amount

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

1099-MISC Box 3 amount on 1040 [ 3 Answers ]

Hi, I realized that last year for my 2009 taxes, I mistakenly entered the amount from my 1099-MISC Box 3 into Line 7 of my 1040(Wages, salaries, tips, etc) instead of Line 21 (Other income). Should I file a 1040-X along with the fixed 1040? My adjusted gross income and taxes, credits, etc are...

1099-misc and 1040 ez [ 4 Answers ]

Do I have to file form 1040 if I have a 1099-misc income (box 7). Do I have to file Schedule C or C-EZ ? Can I just group the income from 1099 misc with my W-2's on line 1 on 1040EZ and attach a copy?

Form 2555 income listed as negative on form 1040 [ 3 Answers ]

I am a citizen of a country(India) with which US has a tax treaty(http://www.irs.gov/businesses/international/article/0, id=169600,00.html) where I worked from Jan 1, 2009 to Aug 10, 2009. From Aug 21, 2009 to Dec 31, 2009 I was working in U.S. on a non-immigrant visa. For tax purposes, I am U.S...

Form 1099 received, but do I report on Form 1040 or just Form 2106? [ 1 Answers ]

Greetings. I'm hoping I can get some help on what to do with a 1099-MISC form I received from my employer that were for business expense reimbursements. I have read through some questions and answers already and based on them I'm going to file this as a Form 2106. The question is should I...


View more questions Search