Cynthiad66
Expert Alumni

Self employed

You will need to report this as Other Income.  

 

Per our Expert, KrisD15, you can report it this way:

 

Click Federal

Click Wages & Income

Click “See All Income” if needed

Scroll down (PAST SELF-EMPLOYMENT) to “Other Common Income”

Click “Show more”

Scroll down to “Form 1099-MISC”

Click Start

Enter the 1099-MISC and Continue

On the “Describe the reason for this 1099-MISC” screen enter "Scholarship” and Continue

Select “None of these apply” and Continue

Select “No, it didn’t involve work like main job” and continue through the interview selecting the appropriate answers

The amount from the 1099-MISC will be reported as Other income on the 1040 line 8, not as Self-employment

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