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Get your taxes done using TurboTax
Unfortunately the 1099-misc with an amount in Box 7 will mean that the IRS will be looking for Sch C. Complete the Schedule as having a business as a bank rep. Alternatively you could enter the amount in Box 3 where it will be taxed as other income and deal with the IRS when and if they ask why you did not complete SchC.
March 15, 2020
12:27 PM