DavidS127
Expert Alumni

Get your taxes done using TurboTax

TurboTax is trying to figure out how to treat the income from the 1099-MISC.  If it is associated with a Schedule C (self-employment income for a trader business you operate) you could double-click that box and you should be able to select your Schedule C.

 

If on the other hand it is a promotional payment associated with personal investing, it is not self-employment income, and when you enter the 1099-MISC you should designate it a "Robinhood incentive", and on the next screen designate it as either "prize winnings" or "manufacturer's incentive" depending on which you consider it to be. 

 

You should be able to go back to the Wages and Income>>Income from Form 1099-MISC section to designate the payment accordingly.

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