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In order to enter this as not self-employment, follow the instructions below:
To enter other income that is non-cash:
This will not be entered as self-employment then.
I have this exact same situation and followed your exact procedure 4 times and it does not work. TurboTax keeps generating a Schedule C and it is frustrating. Any other work around?
In addition to the instructions provided above by pattif12, be sure to indicate that you only received the payment in 2020 (even if it was received in other years and you expect to receive it again). Also, indicate that the payment did not involve an intent to earn money.
This should place the income on Line 8 of Schedule 1 without requiring a Schedule C.
Thanks for the reply. I tried that, plus multiple other ways, and it still generated a Schedule C. I ended up deleting the file and started completely over four times. The final successful time, I entered it under "Less Common Income - Miscellaneous Income" as someone recommended in another thread on this topic.
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