How Do You Enter A 1099 Miscellaneous Form?
Knowing how to enter a 1099 miscellaneous form is important when you are filing your taxes. You must know what the many entry boxes on the form mean and what the totals represent for tax purposes. The last thing that you want to do is file the information incorrectly on the federal tax form. Learn where to file each piece of information on the 1099-MISC form and prevent a delay in a refund if you have one coming. Enter any amount in box 1 (Rents) on Schedule E Supplemental Income and Loss. This amount goes on line 3. If you have royalties follow step 2. If not, complete Schedule E to find the total for line 26 to enter on Form 1040 line 17 only if Parts 2, 3 and 4 do not apply to you. If you must complete Parts 2, 3 and 4, you will enter the amount from line 41 on Form 1040 line 17. Enter the amount in box 2 (Royalties) in Schedule E line 4. If you have an amount in box 1 (Rents), you should have entered that according to step 1. Then complete Schedule E to find the total for line 26 t
