Self employed

It depends. If you used the advice to report the interest appropriately, the following is some details about how to enter the 1099-MISC. First it's important to answer the following questions correctly in the 1099-MISC entry as indicated by @PatriciaV and @LeticiaF1. 

• This income is not business income, rather miscellaneous as indicated by your Form 1099-MISC. It's your money making money for you and not because of a service you performed.
• It's important for you to select 'None of these apply" and then you should also select the following:
  • 'No' on the screen 'Did the '____' involve work that's like your main job?'
  • 'No' on the screen 'Did the '____'  involve an intent to earn money?'

This will report the income without any business activity and it will show up on Form 1040, Line 8 (From Schedule 1, Line 8z).

If you continue to have  the same results you can use the following instruction, then delete the 1099-MISC entry.

• If you're using TurboTax Online software and need to delete a form, click here.
• If you're using TurboTax Desktop software and need to delete a form, click here.

Other Miscellaneous Income: - See image below.

1. Sign into your TurboTax Online account
2. Go to Tax Home (left panel)  Wages and Income  section
3. Scroll to  Less Common Income > Select  Miscellaneous Income, 1099-A, 1099-C
4. Select Other reportable Income >  Yes > Enter a description (----) and the amount (use the net amount as indicated above)

If you have income tax withholding, you can enter it using the instructions below. 

Open your TurboTax Online/Mobile return > Select Tax Home (left) > Select Deductions & Credits > Review/Edit

1. Scroll to Estimates and Other Taxes Paid > Select Income Taxes Paid > Select Other Income Taxes Paid in 2024
2. Select Withholding not already entered on a W-2 or 1099 > Start > Continue to add your withholding
   • TurboTax Desktop follow these steps starting with: Select Deductions and Credits

@kshetty