This didn't work either, since it again failed the Review. I finally went to the forms section, and forced deleted the Schedule C and all relatd worksheets. Information such as the address of the business, or business expenses, did not exist and bacame a loop of frustration. It auto-inked a Schedule C, which had numerous entries missing, thereby the program continued to fail the Review. I, like others here, did nor operate a business, but the program seemed to default to classifying the 1099-Misc income from box 3 as business income. If they don't apply to you, just answer No and click Continue. You will get a couple more screens with unrelated questions.On the next screen, "Other Taxable Income," enter the description "Medical research study" and enter the amount.The first screen asks, "Any Other Taxable Income?" Click Yes.In the Search box in TurboTax type "lawsuit settlement" (without the quotes), then click the link that says "Jump to lawsuit settlement." I know that's not what the payment is for, but it's the only search term I could find that gets you to the right place.Here's how to enter "other income" in TurboTax so that it will be reported on Schedule 1 line 8z with a description that you enter. If so, you will have to reply to the IRS notice explaining what the payment was for, that the 1099-MISC was incorrect, and where you reported the income on your tax return. But you might get an IRS notice anyway saying that you did not report the 1099-MISC income. Instead, you can follow the steps below to report the income as "other income" with the description "Medical research study." Hopefully that will head off any IRS inquiry about it. If they refuse to correct it, don't enter the 1099-MISC in your tax return. You can point out to them what the 1099-MISC instructions say. You should ask whoever sent you the 1099-MISC to issue a corrected 1099-MISC with the income in box 3 and zero in box 6, and to file the corrected form with the IRS. A payment or series of payments made to individuals for participating in a medical research study or studies." "Other items required to be reported in box 3 include the following.ģ. The IRS instructions for filling out Form 1099-MISC say the following, on page 5. Payment for participating in a research study is supposed to be reported in box 3. Box 6 is for payments to a physician or other health care provider. The 1099-MISC form is not filled out correctly. "Did the Research study involve an intent to earn money?" - Select No and click 1099-MISC form has only Box 6: Medical and Health care payments filled out."How often did you get income for Research study?" - "I got it in 2021" will already be checked."Did the Research study involve work that's like your main job?" - Select No and click Continue."Does one of these uncommon situations apply?" - Select the last choice, "None of these apply," and click Continue.You will see this description used in some of the subsequent questions, but it will not appear on your tax return. Enter a short description such as "Research study." Click Continue. "Describe the reason for this 1099-MISC." - It doesn't matter what you enter.Answer as follows, even if some of the answers aren't true. TurboTax will now ask a series of questions about the 1099-MISC income. On the next screen enter the information from the 1099-MISC form, then click Continue.The first screen asks "Did you get a 1099-MISC?" Click Yes.In the Search box type "1099-misc" (without the quotes), then click the link that says "Jump to 1099-misc.".It will be reported on Schedule 1 line 8z with the description "Other Income from box 3 of 1099-Misc." Here's how to enter a 1099-MISC with income in box 3 in TurboTax so that it is reported as "other income" instead of as business income. Income from 1099-MISC box 3 does not normally treated as business income or self-employment. Which box of the 1099-MISC is the income in? Is it in box 3? If so, you must have answered a question wrong somewhere along the line.
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