FB01
Level 1

1099-MISC income showing as Business income

Hello,

 

I got promotion bonus of $1000 for opening an account and I was sent 1099-MISC by that firm. Once I enter the income in 1099-MISC, I see that amount gets populated under "Business Items" and I do not have any business. It is asking me to enter "principal business code" in Schedule C which I do not have

 

What should I do avoid this?

 

-JR