You can have it turn into income. You can enter it as other income. Follow these steps:
- Log into your return
- Federal
- Click on Income
- Scroll to the bottom section, Less Common Income
- Select Miscellaneous income, 1099-A, 1099-C, start
- Select Other Income
- Did you receive other wages? Yes
- Continue
- Household employee? Continue
- Sick or disability pay? Continue
- Any other earned income or wages? Yes
- Enter source of Other Earned Income
- Select Other
- Continue
- Enter description SCH
- Enter amount, $1 or full amount
If the amount is less than $12,400, you could enter the whole thing since it would not be taxed.
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