I have a 1099 MISC for 2019 from the college where I graduated from in 2019. It is an award from them to attend graduate school in my field.
When I enter it into Quicken as a 1099-MISC, it also shows up as business income and expense (Schedule C) and asks me all types of questions on the nature of my "business", which I don't have, when it does a final check. And it asks if I'm getting it because I expect to make money or not, and the help tab is not helpful. I understand that 1099-misc figures have to show up on another form, but Schedule C?? Really ??
This is an unusual situation I know. I guess I'm being shell-shocked by the fact that TurboTax is telling me I own about 25% of my award in taxes.
