Comments on: A Look at 6 Common 1099 Forms http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/ It's all about the refund Thu, 16 May 2013 17:28:51 +0000 hourly 1 http://wordpress.com/ By: Scott http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-45926 Fri, 15 Mar 2013 02:15:38 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-45926 I have TT Deluxe. How do I deal with a 1099-Misc from my employer for “Other” compensation in the form of stock in an S Corp? It doesn’t seem like this compensation should be subject to self-employment taxes as I am an employee. Not sure why the company chose to use a 1099.

]]> By: Connie goins http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-41628 Tue, 12 Feb 2013 02:41:33 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-41628 as far as I know Just the Deluxe

]]> By: jmay http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-41567 Mon, 11 Feb 2013 23:11:22 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-41567 I received a 1099-DIV form which shows total ordinary dividends, qualified dividends, total capital gain distributions. Which turbo tax do I need, deluxe or premier?

]]> By: Concerned to say the least http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-39910 Mon, 04 Feb 2013 21:43:13 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-39910 I received several 1099-R forms for the division of IRA marital assets during a divorce in 2012. The division of these assets were shown as non-taxable transactions in the divorce decree. No money has ever been taken from these divisions on my part, so why do you indicate that 1099-Rs (per se) are taxable transactions? This comes as a REALLY big surprise to me because I am not expecting to pay taxes on hundreds of thousands of dollars when two people divide up marital assets such as these during a divorce

]]> By: TurboTaxChristopherT http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-38314 Tue, 29 Jan 2013 15:59:54 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-38314 Hi Camero – You may be able to back to Head of Household if your spouse did not live with you at all in the last six months of 2012. TurboTax will help you determine your correct filing status. This link has more information. Hope it helps! ^CT http://turbotax.intuit.com/support/go/GEN84056

]]> By: TurboTaxChristopherT http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-38313 Tue, 29 Jan 2013 15:55:18 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-38313 Hi Dominic – You have it right. You’re only taxed on a state refund this year if you deducted your state taxes last year. Hope that clarifies! ^CT

]]> By: CAMERO http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-38240 Mon, 28 Jan 2013 19:35:50 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-38240 HELLO I HAVE A QUESTION I’VE ALWAYS BEEN FILLING SINGLE HEAD OF HOUSEHOLD WITH A W-2 LAST YEAR WAS THE SAME W-2 BUT WITH THE DIFFERENCE THAT I GOT MARRIED IN SEP 2011 SO WE FILED AS MARRIED JOINT, NOW WE HAVENT BEEN LIVING TOGETHER SINCE APRIL OF 2012 AND I WAS GETTIN PAID CASH WICH MEANS I WAS GIVEN A 1099 NOW IM CONFUSED HOW I WOULD FILED IM NOT LEGALLY DIVORCE AND I WOULD LIKE WHICH WILL BE THE CORRECT FILING STATUS?

]]> By: Ilaisaane Ngata http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-38086 Sat, 26 Jan 2013 01:06:16 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-38086 Can you guys help me out..I work as a private caregiver & gets paid twice a month.The question is what should I do with filing my taxes?I have saved all my receipts on my all my expenses.Does that count?

]]> By: Penny Jipson http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-37891 Wed, 23 Jan 2013 17:52:39 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-37891 What about Inheritense money we reeived to pay off bills to clear our credit report? Also I have guardianship of my grandson and reveive 660. per month for his care through his Mothers DisabilitY? I receive partial disability because I am married but due to cancer and chemo, he has been off work since September of 2012, receiving short term disability?

]]> By: Dominic http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-37848 Wed, 23 Jan 2013 03:08:38 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-37848 I received 1099 certain govenrment form for the state tax refund I received from the state that was taken out of my paycheck in 2011. I never itemized it it was a standard deduction that I used so never filed the schedule A form. I was told that it would not be a taxable income so I was told it does not need to be added to my return. From my research it is saying that I would not and just to keep it for my records.

]]> By: TurboTaxLisa http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-37808 Tue, 22 Jan 2013 19:32:06 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-37808 Hi Douglas,
Yes, TurboTax deluxe can handle your 401K withdrawl.
Thank you,
Lisa Greene-Lewis

]]> By: Douglas Corwin http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-37754 Tue, 22 Jan 2013 02:58:21 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-37754 I made a withdrawl from my 401k during 2012. I am presently retired. Is turbotax (deluxe) the correct program to use? Thank you.

]]> By: Cherelynn http://blog.turbotax.intuit.com/2013/01/14/a-look-at-6-common-1099-forms/#comment-37752 Tue, 22 Jan 2013 01:56:29 +0000 http://blog.turbotax.intuit.com/?p=12479#comment-37752 Happy Monday and thanks for the tax tips!
I love a three day weekend-now if only the kiddo wasn’t fighting off a cold!
Hope this finds you doing super awesome and hopefully enjoying some rest and sunshine!
Ciao ciao for now~
Sincerely,
Cherelynn

P.S. Remember, TEEN WEEK starts Feb 1st and the giveaways are HUGE plus celeb written teen posts!

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