It is because you are answering the questions to indicate it involved work and intent to earn money. Follow the instructions below to remove it from Schedule C.
This income is not business income, rather miscellaneous as indicated by your Form 1099-MISC. It's your money making money for you and not because of a service you performed.
It's important for you to select 'None of these apply" and then you should also select the following:
'No' on the screen 'Did the '____' involve work that's like your main job?'
'No' on the screen 'Did the '____' involve an intent to earn money?'
This will report the income without any business activity and it will show up on Form 1040, Line 8 (From Schedule 1, Line 8z).
If necessary you can delete Schedule C using the link below for your TurboTax version.
- If you're using TurboTax Online software and need to delete a form, click here.
- If you're using TurboTax Desktop software and need to delete a form, click here.
NOTE: Your employer should not be issuing a 1099-MISC and a W-2. It's not how employer/employee payments are handled. Everything goes on a W-2.
@Dh5120
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