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TD Ameritrade 1099-MISC income
I had TD Ameritrade up until September 2023, whereupon I got migrated to Schwab. I own an ETN that pays a monthly "coupon amount". On my 2023 TD Ameritrade statement, it shows up on the 1099-MISC section as "Other Income". On my 2023 Schwab statement, it shows up on the 1099-DIV section as an "Ordinary Non-Qualified Dividend".
When I put in the 1099-MISC, Turbo Tax asks questions about Business Income and Expenses like address locations, but this wasn't a business. Should I check the box that says "no" to the "Did this involve an intent to earn money?" question?
‎February 17, 2024
10:17 AM