- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
So just so I am comprehending this correctly...
Robinhood sends me a 1099-misc for the value of the free stock compensation they gave me for signing up with the software.
1. I've entered that value in turbotax as a 1099-misc. but Turbotax says that income is not reported on a schedule and I should claim it as self-employment income...
2. To work around that I entered that value as "other income" through the "less common income/miscellaneous income/other reportable income" software links previous discussed (steps 1-6).
Turbotax still wants me to report it on a schedule..
Seems to me the only way to clear that is to remove the actual 1099-misc form I entered, leaving just the "other income" I entered on line 8 of schedule 1.
Is this corrrect?
‎April 2, 2020
11:36 AM