Ask Experts Questions for FREE Help !
Ask
    ISneezeFunny's Avatar
    ISneezeFunny Posts: 4,175, Reputation: 821
    Ultra Member
    		  
    #1

    Mar 27, 2008, 08:47 PM
    Contract work, no 1099, using turbotax
    Currently using turbotax...

    I did some contract work and my employer has not sent me a 1099... that's fine. I know the exact amount that I received for services

    However, on turbotax, when I click on "other miscellaneous income" it only allows me to enter in the income I gained from my own personal business. Anyone know what I can do?

    I thought about entering it into the 1099-MISC form... but I wasn't sure if it was for RENT, ROYALTIES, or OTHER INCOME (other income states that it is for income for services NOT rendered)

    Anyone use turbotax?
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
    		  
    #2

    Mar 28, 2008, 03:33 AM
    Contract work income or income as independent contractor is self employed income which is reported on schedule C (Form 1040).

    For how you will treat the 1099-Misc income (even if you did not receive 1099-Misc), read: Your U.S. Tax Return: W2 or 1099: Employee or Independent Contractor.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search


Check out some similar questions!

How to report Interest Income (Form 1099) on free TurboTax [ 1 Answers ]

Hello. I received a Statement for Recipients of Interest Income from the IRS. It is on Form 1099. It is not on a form 1099-INT, it just plain says Form 1099. There are boxes on the form, but they are not numbered. I am using TurboTax to file my taxes for free, but I cannot figure out just...

Contract Employee Live in PA work in TX [ 2 Answers ]

I am a W2 contract employee living in PA. My company is in CT. I worked in TX for six months. Do I owe PA state tax on the money I earned while working in TX (which has no state income tax)?

Correct bid for contract work [ 2 Answers ]

I was wondering what the correct bid for a painting contract. Total of 7 rooms , that's including all bathrooms and kitchen. The home is approximentley 1,000 sq. ft. so if you don't mind I would like to hear what you think is a fair bid on this job. ...

How does a contract for deed work? [ 3 Answers ]

I have been reading some of the posts and was wondering if someone could explain this "Contract for Deed" when selling a house. Thank you.

View more questions Search