Quick Question about 1099-MISC

Discussion in 'Professional Trading' started by MrDiamond, Mar 23, 2002.

  1. MrDiamond

    MrDiamond

    Hi. I got a 1099-MISC from Datek for options order rebates. I am just an average investor as far as tax treatment is concerned (no marked to market or trading through LLC...etc). TurboTax won't let me enter the rebates unless I am either self employed or own a farm. Does any one know if this MISC form is only for the self employed or must everyone report them? Thanks in advance. Great forum.
     
  2. where are you trying to enter them.it should be other income misc on 1040
     
  3. babe714

    babe714

    yes other income line 20 of 1040 .


    Tip

    Envelopes without enough postage will be returned by the post office . your envlope may need additional postage if it contains more than five pages .
    the nerve of those a__ holes !