tas1126
New Member

1099-MISC

I have entered the 1099-MISC information from my investment company statement into TurboTax.  The statement says this income was for contract fees.  TurboTax is asking me the intent of the income.  Is an investment that results in income such as this considered to be with the intent to earn money?  Thank you for helping me understand which answer to choose (yes/no).