I retired from my job on 1/1/2021. In July 2021 I received a check from my former employer. Then earlier this year I received a 1099 MISC. There was no Federal or State income taxes showing on the 1099. I called my employer asking what the check was for and why no taxes were deducted. They said that it was a California Compliance issue where they had to pay a penalty because my last paycheck was not deposited into my account within 72 hours of my termination of employment date. I added the 1099 into Turbo Tax but it wants to treat this like a business, asking for a business name and it wants a principal business code. I'm not sure how to correctly try and process this 1099. I don't have a business or a business code.
