It depends. If the internship was initiated by the college and associated with her education, then it could be reported as 'Other' income which will remove it form the business income. This will also eliminate the self employment tax (social security and medicare tax). Based on the details of your question, she did not intend to earn a profit or for this to become her livelihood.
It's important to keep any documentation such as her return to school and reasons for taking the internship. She will not need a business name or business tax number. If you need to downgrade your TurboTax product use the link below.
If she received a 1099, then delete that from the return, keep it with her tax records. Next report the income using the steps below.
Other Miscellaneous Income:
- Sign into your TurboTax Online account
- Go to Tax Home (left panel) Wages and Income section
- Scroll to Less Common Income > Select Miscellaneous Income, 1099-A, 1099-C
- Select Other reportable Income > Enter a description (----) and the amount
@WGCev
[Edited: 02/25/2025 | 6:14 AM PST]
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