If you are prompted to select a Principal Business Code, then yes, the program is setting up a Schedule C business. You can delete the 1099-MISC that you entered (click on the trash can icon that appears next to the income entry).
To enter income from a Form 1099-MISC that is not from working, in TurboTax Online, enter Form 1099-MISC information in the section to which it pertains. In Wages and Income, there are several locations where you can enter a Form 1099-MISC.
If you enter Form 1099-MISC in the Other Common Income section, at the screen "Does one of these uncommon situations apply?", a list of options appears from which you can select that includes reasons for Form 1099-MISC other than self-employed income.
In the alternative, you can enter the amount under Other Reportable Income. In TurboTax Online:
- Go to Wages and Income
- Scroll down to Less Common Income
- Go to Miscellaneous Income
- Select Other Reportable Income and follow the prompts. Enter a description for the reason for the payment.
See here for another discussion involving a similar topic.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
