- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
No, there is not a bug in the software. Form 1099-MISC is frequently used for business income but that does not apply to your situation.
Here is how to enter this so that it does not end up as self-employment.
- With your return open, select Federal from the left side navigation.
- On the top tabs, select Wages & Income
- Scroll down to Less Common Income section and select Start or Revisit next to Miscellaneous Income, 1099-A, 1099-C
- On the next screen, select Start or Revisit next to Other Reportable Income
- Answer Yes on the Any Other Taxable Income? screen
- On the next screen, enter a description and enter the total US dollar amount
- Continue with the onscreen interview until complete.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎April 1, 2023
5:48 AM