Announcement

Collapse
No announcement yet.

1099-q

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    1099-q

    My software (ATX) does not have an input form for the 1099-Q distributions. Does most other software have it?

    #2
    Oui

    Originally posted by Burke View Post
    My software (ATX) does not have an input form for the 1099-Q distributions. Does most other software have it?
    So far as I know - "yes" (Form 1099-Q has been on two different tax software programs I've used)

    FE

    Comment


      #3
      Well, if some or all of the earnings reported on form 1099-Q are taxable, they go on F-1040, line 21 -- Other income. Does your tax prep program have an input screen for line 21?
      Roland Slugg
      "I do what I can."

      Comment


        #4
        Link

        See if there is a link from line 34.
        "I am proud to pay taxes in the United States. The only thing is I could be just as proud for half the money." Arthur Godfrey

        Comment


          #5
          Originally posted by Roland Slugg View Post
          Well, if some or all of the earnings reported on form 1099-Q are taxable, they go on F-1040, line 21 -- Other income. Does your tax prep program have an input screen for line 21?
          Yes, it has an input screen for Line 21 and 1099Q is on there for the net bottom-line taxable amt if any. What it does not have is an input screen for the 1099Q and/or a worksheet to calculate this as outlined in the Education Credit Pub for QTP's. So it has to be done outside the program.

          Comment

          Working...
          X