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11742: Guide to 1099 Informational Returns


1040 Individual Data Entry

In a 1040 return, where do I enter information from 1042, 1098, 1099 and similar forms?

 


For a printable PDF version of this article, see the attachments below.

FORM TITLE DATA ENTRY POSSIBILITIES IN DRAKE SOFTWARE
1042-S Foreign Person's US Source Income Subject to Withholding   25551
NR (1040NR)1
Screen 3 Line 211
     1042 screen, Foreign tab
1098 Mortgage Interest Statement 1098
A screen
1098-C Contribution of Motor Vehicles, Boats & Airplanes A screen Line 17
8283 (if over $500)
1098-E Student Loan Interest Statement Screen 4 Line 33
1098-T Tuition Payments Statement Screen 8917/8863 for Taxpayer, spouse or dependent.
1099-A Acquisition or Abandonment of Secured Property No entry screen. If taxable, entry depends on the nature of the amount reported.*
1099-B Proceeds from Broker & Barter Exchange Transactions For sales/dispositions of capital assets, Screen 8949
For barter transactions, consult Pub. 525.
1099-C Cancellation of Debt 99C
1099-DIV Dividends & Distributions DIV
Screen 3 Line 9
1099-G Certain Government & Qualified State Tuition Program Payments 99G
1099-H Health Coverage Tax Credit (HCTC) Advance Payments 8885 (HCTC)
1099-INT Interest Income INT
Screen 3 Line 8
1099-K Payment Card and Third Party Network Transactions Enter as part of gross receipts. Not separately reported.
1099-LTC Long Term Care & Accelerated Death Benefits 8853 Section C
1099-MISC Miscellaneous Income: 99M
Rent/Royalty Income
Prizes or Awards NOT for Services
Payments to Crew Members (Fishing)
Payments for Health Services
(Medical Assistance Programs)
(Health/Accident Insurance Plans)
Payments for Services by Persons
(Not Treated as Employees)
(Directors, Subcontractors)
(Golden Parachute Payments)
Fish Purchases Paid in Cash for Resale
Substitute DIV & Tax-Exempt INT
Crop Insurance Proceeds
Gross Proceeds Paid to Attorneys
1099-MSA Distributions from MSA or Medicare + Choice MSA MSA
8853
1099-OID Original Issue Discount INT​ or OID
1099-PATR Taxable Distributions Received from Cooperatives F screen Line 3a (cash) or 38a (accrual)
PATR screen**
1099-Q Distribution from Coverdell ESA or Qualified Tuition Program (QTP) 5329 Part II Line 5 and Screen 3 Line 21***
1099-R Distributions from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc. 1099
1099-S Proceeds from Real Estate Transactions Sale of business use or rental real estate - 4797
Sale of investment real estate - 8949
Sale of home - HOME screen

1099-SA Distributions from a health savings account (HSA) or Archer MSA, or Medicare Advantage (MA) MSA 8889 or 8853
     
*See Related Link "1099-A Data Entry"
**See Related Link "How to Enter Credit from a 1099-PATR (Drake14), and Drake15 -- New 1040 and 1041 Screen PATR for Form 1099-PATR Data"
***See Related Link "1099-Q, Payments from Qualified Education Programs"
 In Drake15 and Prior.


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