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Self employed
A 1099-MISC usually indicates a 'cash in lieu' payment.
Make sure when you enter the form into TurboTax you tell the system that this was not a regular activity like your job and that this was not an attempt to earn money. If you do that then the payment will not be entered as self-employment income and will not generate a schedule C. It will instead be entered as miscellaneous income on the 1040.
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March 7, 2025
8:55 AM