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Other Income Menu

Desktop · Written guide Content date 2 min read

In Schedule 1 (Form 1040), Other Income includes a variety of income and loss items. Click the menu for the appropriate year of Tax Processors Plus Desktop that you're using.

 

2022 and fwd - Other Income Menu

NOL Carryover from Prior Year(s)

Gambling Winnings (W-2G)

Cancellation of Debt (1099-C)

Foreign Earned Income Exclusion (2555)

Taxable Income from Form 8853

Taxable Income from Form 8889

Jury Duty Pay

Prizes and Awards

Activity Not Engaged in for Profit Income

Stock Options

Personal Property Rental Income but Not in Renting Business

Olympic and Paralympic Medals and USOC Prize Money

Section 951 (a) Inclusion

Section 951A (a) Inclusion

Section (461) Excess Business Loss Adjustment (461)

Taxable Distributions from an ABLE Account (1099-QA)

Scholarship and Fellowship Grants Not Reported on Form W-2

Medicaid Waiver Payments included on Form 1040 Line 1a or 1d

Pension or Annuity from a Nonqualified Deferred Compensation Plan

Wages Earned While Incarcerated

Other Income

 

2021 Other Income Menu

NOL Carryover from Prior Year(s)

Gambling Winnings (W-2G)

Cancellation of Debt (1099-C)

Foreign Earned Income Exclusion (2555)

Taxable Health Savings Account Distribution (8889)

Form 1099-MISC Other Income

Qualified Education Program Payments (1099-Q)

Jury Duty Pay

Prizes and Awards

Activity Not Engaged in for Profit Income

Stock Options

Personal Property Rental Income but Not in Renting Business

Olympic and Paralympic Medals and USOC Prize Money

Section 951 (a) Inclusion

Section 951A (a) Inclusion

Section (461) Excess Business Loss Adjustment (461)

Taxable Distributions from an ABLE Account (1099-QA)

Other Income

 

2020 Other Income Menu

Other Income

Form 1099-MISC Other Income

Qualified Education Program Payments (1099-Q)

Cancellation of Debt (1099-C)

NOL Carryover from Prior Year(s)

Gambling Winnings (W-2G)

Foreign Earned Income Exclusion (2555)

Income from Forms 6478, 8814, 8853, 8864 & 8889

Section 933 Excluded Income from Puerto Rico

Medicaid Waiver Payments included on Form W-2 Box 1

Medicaid Waiver Payments included on Form 1099-MISC Box 3

Unemployment Compensation Exclusion

Taxable Clergy Parsonage

Limitation on Business Losses (461)