Hal_Al
Level 15

Investors & landlords

You can do that for simplicity, but it would be better to leave it in box 7 (that's what the IRS will be looking for). After you complete the TurboTax (TT) interview identifying this as misc income, TT will out it on line 8, of sch 1 as Non employee compensation on 1099-Misc. 

Follow the instruction above for making a negative entry of the same amount.