DianeW777
Expert Alumni

Get your taxes done using TurboTax

Yes, you can delete the Form 1099-MISC and then enter the income in the Less Common Income section.  You can enter the full amount shown in Box 10 and Box 3 (add them together) and the description should be Settlement.  These are the same steps provided by @ErnieS0.

  1. Click Federal in the left column 
  2. Click Wages & Income at the top
  3. Scroll down to Less Common Income. Click Show more
  4. Start Miscellaneous Income, 1099-A, 1099-C
  5. Start Other reportable income
  6. Say Yes to Any Other Taxable Income?
  7. Enter a description and amount

Box 3 indicates this is not self-employment and should not be subject to the additional taxes associated with it.

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