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Reporting royalties as hobby income, not self-employment
My 1099-MISC reports $15.01 in Royalties. This is a result of a hobby, not self-employment. We want to report this as other income on line 21/1040. We do not want to trigger a Schedule C; however, Turbotax is not allowing any other option but to upgrade to the program for self-employed individuals. I am not self-employed.
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‎June 4, 2019
3:15 PM