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Other Income

Tax Year 2013

 

The Other Income worksheet is automatically added to the worksheets list, but should only be used if there is applicable data that needs to be entered. Specifically, this worksheet is used to report income that has not been entered elsewhere on the return, and taxes withheld from that income, including the following:
  • Taxable scholarship income
  • Alimony received 
  • Social Security benefits (SSA-1099)
  • Railroad Retirement benefits (RRB-1099)
  • Other miscellaneous income
  • Any additional federal taxes withheld not already reported on any W-2 or other worksheet on this return
  • Last year's tax return information if taxable state tax refunds were reported on a Form 1099-G worksheet.

 Note: Government payments, such as unemployment benefits and state and local income tax refunds, are reported on the Form 1099-G worksheet.

General Directions
Enter the taxpayer's income and taxes withheld in the first column, and enter the spouse's income and taxes withheld, if filing a joint return, in the second column. If there is only one box in a column, combine the amounts for the taxpayer and spouse and enter one figure.
Sources of Income 
Line 7 Scholarship Income Not Included on Form W-2
Enter the taxable portion of scholarships and fellowships not already entered into a W-2 worksheet.

 

Taxable Scholarships Defined
Scholarships, including fellowships, are taxable unless both of the following conditions are met:

  1. The student is a candidate for a degree at an educational institution that maintains a regular faculty and curriculum and normally has a regularly enrolled body of students in attendance at the place where it carries on educational activities, and
  2. The amounts the student received as a scholarship or fellowship are used for tuition and fees required for enrollment or attendance at the educational institution, or for books, supplies, and equipment required for courses of instruction.

All amounts of scholarships or fellowships that do not meet these requirements must be reported as income.

 

The amount of scholarships and fellowships may be reported on Form 1098-T, or it may not be reported on a tax form at all. The taxpayer is still responsible for reporting taxable scholarships and fellowships even if he or she did not receive a tax form reporting the income.

 

 Note: Taxable grants received from a government agency should be reported on the Form 1099-G worksheet.

Line 11 Alimony Received
Enter amounts received as alimony or separate maintenance.

 

Do not include voluntary payments or any other payments made by one ex-spouse to the other that are not made under a proper divorce or separation instrument.

 

The taxpayer receiving alimony payments must provide his or her social security number to the ex-spouse who is paying the alimony. A $50 penalty may apply for not doing so.

 

See IRS Pub. 504, Divorced or Separated Individuals for more details.

Line 20a Social Security and Railroad Retirement Benefits
Enter the total from box 5 of Forms SSA-1099 and/or RRB-1099 next to either social security benefits or railroad retirement benefits.

 

The taxable portion of these benefits, if any, will be automatically calculated.

 

 Note: The other amounts and information on these forms are informational only and do not need to be entered into the taxpayer's return.

Line 21 Other Miscellaneous Income
Enter the description and taxable portion of any other miscellaneous income not reported elsewhere on the return.

 

The following are examples of the type of income reported on this line:

  • Taxable distributions from a Coverdell education savings account (ESA) or qualified tuition program (QTP) reported on Form 1099-Q-See IRS Pub. 970 Taxable Benefits for Education to determine the taxable portion, if any.
  • Canceled debt amounts shown on Form 1099-C. See Form 1099-C for more information on calculating the taxable portion.
  • Prizes and awards
  • Gambling winnings, including lotteries and raffles, a lump-sum payment from the sale of a right to receive future lottery payments, and other similar winnings not already reported on the Form W-2G worksheet
  • Jury duty pay
  • Alaska Permanent Fund dividends-Enter "Alaska PFD" as the description.
  • Reimbursements or other amounts received for items deducted in an earlier year, such as medical expenses, real estate taxes, general sales taxes or home mortgage interest-See Recoveries in IRS Pub. 525, Taxable and Nontaxable Income, for calculating the taxable portion.
  • Income from the rental of personal property if the taxpayer is not engaged in the business of renting personal property
  • Income from an activity not engaged in for profit-See IRS Pub. 535, Business Expenses for more information.
  • Losses on certain corrective distributions of excess deferrals-See Retirement Plan Contributions in IRS Pub. 525, Taxable and Nontaxable Income.
  • Dividends on insurance policies if they exceed the total of all net premiums paid for the contract
  • Recapture of a charitable contribution deduction relating to the contribution of a fractional interest in tangible personal property-See Fractional Interest in Tangible Personal Property in IRS Pub. 526, Charitable Contributions.
  • Recapture of a charitable contribution deduction if the charitable organization disposed of the donated property within three years of the contribution-See Recoveries in IRS Pub. 526, Charitable Contributions.

Do not enter any income from the following sources on this line:

  • Self-employment income or fees received as a notary public-Enter this information on the Schedule C or Schedule F worksheet even if there are no related business expenses.
  • Non-employee compensation shown on Form 1099-MISC-Enter this information on the Schedule C or Schedule F worksheet.
  • Any of the following nontaxable income items:
    • Child support
    • Gifts or bequest
    • Economic stimulus payments
    • Life insurance proceeds received because of someone's death
Additional Federal Income Tax Withheld
Federal Taxes Enter any federal taxes withheld from or on behalf of the income sources reported on this worksheet.

 

Do not include any amounts reported on the Forms W-2 or 1099-G worksheets or elsewhere on this return.

Taxable State Refunds
If the taxpayer reported a taxable state or local tax refund, credit, or offset on Form 1099-G that was deducted on a previous year's Schedule A, then the taxpayer needs to enter the following information from the previous year's tax return.

 

New Married Couples
If the taxpayer and spouse filed a joint return in the previous year, enter all of the information from the previous year's return under the Taxpayer column. If the taxpayer and spouse filed separate returns in the previous year, enter the taxpayer's tax return information under the Taxpayer Info column, and the spouse's tax return information under the New Spouse Info column.

Last Year's Tax Return Information
Line A State or Local Taxes Paid from 2012 Schedule A, Line 5
Enter the amount of state or local taxes paid in the previous tax year and entered on Line 5 of the previous year's Schedule A.
Line B General Sales Taxes Claimed or Allowable in 2012
Enter the amount of general sales taxes claimed in the previous year, or the amount that would have been allowed.
Line D Sales Tax Reimbursements Received in 2013
Enter any sales tax reimbursements received in the current tax year that were included as part of the amount reported in Line B above.
Line F Gross State or Local Refund
Enter the total state or local tax refund received for the current tax year.
Line G State Refundable Credits
Enter the total refundable credit for state or local tax received for the current tax year.
Taxable State Refund Calculations
Line 2 Total Itemized Deductions from 2012 Schedule A, Line 29
Enter the amount of total itemized deductions in 2012 from Line 29 of the previous year's Schedule A.
Line 3 Filing Status in 2012
Enter the filing status from the previous tax year.
Line 4 Amount from 2012 Form 1040, Line 39a
Enter the amount of 39a from the previous year's Form 1040.
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