Received 1099-MISC for selling eggs. Turbo Tax automatically generated a Schedule C. The first question during review was, “Is this a qualified business under 199A?” I said No.
Then in Section A there is a place to fill in principle business or service. I entered “Sold human eggs”.
Now the form seeks a Principal Business Code in Section B. This is my original question. I am not sure what to do here.
I left Section C and D blank per the form’s instructions if no business name or EIN.
Right before Section E the form requests a business street address. Is that supposed to be my residence if I do not have a business?
I will likely need an answer for Section F: Accounting Method. Is this the manner in which I was paid? Cash, Accrual, or Other?
