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1099Misc from Fidelity
Dear Community,
In 2019, I moved my brokerage assets from a brokerage I wont name here to Fidelity. As an incentive to move the funds, Fidelity gave me $2K to add to the assets that were moved to their platform. In the tax records that I imported from Fidelity, they had a 1099Misc for that $2K. How does it get entered into my tax return? This is NOT business income for a schedule C, right?
Can one of the experts please chime in here and help? Thanks in anticipation...
Cheers,
Doc
March 14, 2020
8:45 AM