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Where do I report Form 1099-MISC?

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Where do I report Form 1099-MISC?


To enter your 1099-Misc/1099 NEC, click on the Income Tab and then correct form below the Miscellaneous Income heading.

1099 MISC form: 

Box 1. Rents Enter amounts of $600 or more for all types of rents.

Box 2. Royalties Enter gross royalty payments (or similar amounts) of $10 or more. 

Box 3. Other Income Enter other income of $600 or more required to be reported on Form 1099-MISC that is not reportable in one of the other boxes on the form. 

Box 4. Federal Income Tax Withheld Enter backup withholding.

Box 5.  Fishing Boat Proceeds.

Box 6. Medical and Health Care Payments Enter payments of $600 or more made in the course of your trade or business to each physician or other supplier or provider of medical or health care services.

Box 7. Payer Made Direct Sales Totaling $5,000 or More Enter an “X” in the checkbox for sales by you totaling $5,000 or more of consumer products to a person on a buy-sell, deposit-commission, or other commission basis for resale (by the buyer or any other person) anywhere other than in a permanent retail establishment. Do not enter a dollar amount in this box.

Box 8. Substitute Payments in Lieu of Dividends or Interest. Enter aggregate payments of at least $10 of substitute payments received by a broker for a customer in lieu of dividends or tax-exempt interest as a result of a loan of a customer's securities.

Box 9. Crop Insurance Proceeds Enter crop insurance proceeds of $600 or more paid to farmers by insurance companies unless the farmer has informed the insurance company that expenses have been capitalized under section 278, 263A, or 447.

Box 10. Gross Proceeds Paid to an Attorney Enter gross proceeds of $600 or more paid to an attorney in connection with legal services (regardless of whether the services are performed for the payer). See Payments to attorneys, earlier.

Box 11. Fish Purchased for Resale If you are in the trade or business of purchasing fish for resale, you must report total cash payments of $600 or more paid during the year to any person who is engaged in the trade or business of catching fish.

Box 12. Section 409A Deferrals You do not have to complete this box. For details, see Notice 2008-115, available at IRS.gov/irb/ 2008-52_IRB#NOT-2008-115. If you complete this box, enter the total amount deferred during the year of at least $600 for the nonemployee under all nonqualified plans. The deferrals during the year include earnings on the current year and prior year deferrals. For additional information, see Regulations sections 1.409A-1 through 1.409A-6. See the instructions for box 14, later. For deferrals and earnings under NQDC plans for employees, see the Instructions for Forms W-2 and W-3.

Box 13. Excess Golden Parachute Payments Enter any excess golden parachute payments. An excess parachute payment is the amount over the base amount (the average annual compensation for services includible in the individual's gross income over the most recent 5 tax years).

Box 14. Nonqualified Deferred Compensation Enter all amounts deferred (including earnings on amounts deferred) that are includible in income under section 409A because the nonqualified deferred compensation (NQDC) plan fails to satisfy the requirements of section 409A.


1099 NEC

Box 1.  Non employee compensation

Box 2.  Payer made direct sales of $5000 or more of consumer products to recipient for resale

Box 4.  Federal income tax withheld

Box 5-7.  State information


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Views: 3489 Created on: Jun 15, 2013
Date updated: Dec 01, 2021
Posted in: Income

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