Hello Fanfare,
Actually, I signed up for that promotion and honestly, I was not comfortable with the version of Turbo TAX (TT) that was offered. I have been a TT user for decades and the interface (GUI) promotion version of Robinhood/TT was nothing like the Basic, Deluxe or Premier versions.
So, I decided to purchase the Premier version of TT.
I got back a reply from Robinhood today and they said I "should contact a tax advisor"
But all I wanted to know was where did the 1099-MISC "Box 3, Other Income" come from?
I don' think that's "tax advice"
Now, I have to file as if I had a Schedule C business when I don't have a business, I'm strictly a W-2 wage earner.
If there is income that has to be reported fine but if it's not short-term capital gains/losses, long-term capital gains or dividends then Robinhood should be able to identify it so to avoid filing a Schedule C.
I'm not finding fault here but why not explain why the funds are recorded as "Other Income", that was derived for "Investment Income/Losses"? Lastly is there really only for a tax advisor's question?
Thank you for your time and consideration,
Tito
