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My broker provided a 1099-MICS (other income). Yet Turbotax insists on creating a 1040-schedule C. How do I remove the schedule C?

 
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SabrinaD2
Expert Alumni

My broker provided a 1099-MICS (other income). Yet Turbotax insists on creating a 1040-schedule C. How do I remove the schedule C?

To remove Schedule C in TurboTax when you have a 1099-MISC for other income, follow these steps:

  1. Open your return in TurboTax.
  2. Go to "Tax Tools" on the left side of the screen.
  3. Select "Tools".
  4. In the pop-up window, choose "Delete a form".
  5. Find Schedule C in the list and click "Delete" next to it

For more detailed instructions, you can refer to TurboTax's help article on deleting a form

Regarding the 1099-MISC, if the income is not from a business you operated, it should be reported  as follows:

 

  1. Log into TurboTax
  2. Go to Income
  3. Scroll down to Other Common Income
  4. Select Start or Revisit 1099-MISC and add 1099-MISC
  5. Go through the interview questions and when you get to the screen which will ask you to describe the reason for the income.
  6. Continue through the screens and when you get to the screen Do one of these common situations apply? select None of these apply. You will also select No that it didn’t involve work and No it didn’t involve the intent to earn money.

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