The entry you describe will reduce your income, but that may not affect your tax liability for other reasons. I suggest you look at your form 1040 before and after the negative entry to other income to see what changes after you make the entry.
You can view your form 1040 while working in the online version of TurboTax by following these steps:
While working on your return in the Federal section of TurboTax:
1. Choose the Tax Tools icon on your left menu bar
2. Tools
3. View Tax Summary
4. Choose the Preview my 1040 on your left menu bar
@vmart15
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