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Miscellaneous Income from Form 1099-R to an S-Corporation

SOLVEDby IntuitLacerte Tax3Updated July 27, 2021

An S-Corporation may receive a form 1099-R reporting miscellaneous income to the S-Corporation.

If the 1099-R reports ordinary income, it is entered on Screen 13, Income, in the field Other (Ctrl+E).

If it reports income to be passed to the shareholder, it is entered on the Screen 20, Schedule K Income & Deductions in the Other income (loss) (Ctrl+E) field.

 

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