Thank you ColeenD3. This approach got me going down the right track. I noticed after following your directions that the program made an Other Income Statement which I could review in forms view. My positive and negative entries both showed up on Line 22 as 'other taxable income'. In forms view I found that I was able to move the positive entry up to Line 3f where 1099-MISC, box 1 income really belongs. When I started typing the value in Ln 3f a magnifying glass icon appeared which allowed me to create the supporting form. When creating the supporting 1099-MISC in forms view you can manually select which form to report the income such as Schedule C, Schedule E, and Form 4835. There was also a tick box for the income to show up on the Other Income Statement which is want I want. I think the TurboTax Step by Step interview will only direct 1099-MISC, box 1 income to Schedule C, E, or 4835. However you can manually direct it to the Other Income Statement in forms view. I left my negative offsetting value in Ln 22 with the explanation that it is excludable. This is feeling like the right way to do what I needed to do. It very similar to what you suggested but now I have an accurate supporting 1099-MISC, and the income is on the correct line, and it shows up in the same statement where it is getting nulled and explained away.
Thank you.
