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Why does 1099misc income show up as business income?
Confused by turbotax treatment of misc income.
2021 there was promotion for setting up new account at brokerage. When I downloaded info on taxes it downloaded this automatically in put it in 1000misc. This seemed pretty easy -
But then turbotax seems to want to make this some kind of business income and asks all kinds of detailed business questions . . . it has nothing to do w/ business. Really confusing.
Also one comment - your earnings summary pages double-lists this - that was confusing as heck.
Is this error in turbotax or in statement sent by brokerage? Is there some way to tell turbotax "hey its just personal income" ?
‎April 8, 2022
8:13 PM