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Why my 1099-Misc triggers schedule C and Schedule SE-T? How to get rid of these two schedules?
I received a 1099-Misc box 3 for my scholarship, which should not be taxable, because I didn't need to do any service as a return.
I'm very surprised to see two new schedules in Turbo Tax, one is Schedule SE-T, which generates significant Self-Employment Tax, and Schedule C, which asks me about my business name and address. These two schedules are not relevant to my situation.
Do you have any suggestion on how to get rid of these two funny schedules in Turbo Tax?
Any advice is really appreciated. I have been stuck in this situation for the last few days.
Thanks.
Yonghai
March 15, 2022
6:16 PM