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Get your taxes done using TurboTax
You're in the section for self-employed business, that's not correct and will result in you paying too much tax. This is not business income. Enter as miscellaneous other income, if you are asked questions about business purpose, answer no (not part of a business, not intended to make a profit, etc.).
Alternatively, you could enter it as bank interest not reported on a 1099-INT.
‎April 10, 2023
10:43 AM