Can I make an entry directly on Form 1, Line 24z?

Forum|Forum|2 years ago
February 19, 2024
2 replies
26 views

No text available

ProSeries Professional

This topic has been closed for replies.

Best answer by Just-Lisa-Now-

I'd use 8z for the adjustment, so the 1099MISC income will show, then right below it the adjustment would wash it out.

IRonMaN

Level 15

It doesn't look like you can without overriding it.

Slava Ukraini!

Just-Lisa-Now-

Intuit Community Champion

what is it you want to put in there?

Theres a smart worksheet above that section for lots of items that belong on Line 24, but some things can go on line 8z as an adjustment instead.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

P

pwilson13Author

Level 3

Thank you, Lisa! I have used 8z for Form 1099K, but this is a strange situation. It's a 1099-MISC, for paid medical leave, paid to the employee instead of the employer. So, the employee paid back the employer and got stuck with the 1099. I can't see a claim of rights deduction working, and an itemized deduction will not work either.

Just-Lisa-Now-

Answer

Intuit Community Champion

I'd use 8z for the adjustment, so the 1099MISC income will show, then right below it the adjustment would wash it out.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

Sign up

Login with SSO

Let's get you signed in

Login with SSO