@KrisD15 provided the instructions in the post above to zero out the income. Here are the instructions again:
- Launch TurboTax
- Select Personal Income
- Select Less Common Income
- Select Miscellaneous Income, 1099-A, 1099-C
- Select Other reportable income (the last option)
- Type Nontaxable portion of Settlement on1099-NEC or similar description
Enter the amount AS A NEGATIVE NUMBER.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
