I invested money with a wealth management company, which invests my cash in structured notes.
I got 1099-MISC. I put the income in box #3, other income.
Now Turbo Tax "Smart Check" is asking to select Schedule C or Form 4835 or Schedule F. This is not farm income, so Form 4835 or Schedule F does not apply. That means it is only Schedule C.
Schedule C asks for a business name, address, accounting method, and who operated the business (self or spouse). This is not a business run by us. This is simply income from investment. What should I fill out here? Or how do I avoid this schedule C?
Thanks.
