Why is 1099-Misc being entered in the self employment section?

Forum|Forum|3 months ago
February 25, 2026
1 reply
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I recieved a 1099-Misc for interest earned through Coinbase. (They call them USDC rewards). But why is Turbotax entering the form in the self employment section and asking me if the funds were earned The TurboTax is asking "Choose one that best describes your work" but its not from "work". It's interest earned from a bank account. The Turbo Tax is asking if its a main source of income, side job or buiness I own. None Is there a way to enter the 1099-Misc in the investments section?

TurboTax Online

DoninGA

Level 15

To enter a Form 1099-MISC that is not for self-employment -

Click on Federal (Personal using Home & Business)
Click on Wages & Income (Personal Income using Home & Business)
Scroll down to Other Common Income
On Form 1099-MISC, click the start or update button

On the screen Did you get a 1099-MISC?, click on Yes
On the screen Let's get the info from your 1099-MISC, enter the amount received in box 3 and continue
On the screen Describe the reason for this 1099-MISC, enter a reason and Continue
On the screen Does one of these uncommon situations apply? - Select None of these apply and continue
On the screen Did the (reason) involve work that's like (your name) main job - Select No and continue
On the screen How often did (your name) get income for (reason) - Select 2025 and continue
On the screen Did the (reason) involve an intent to earn money? - Select No and continue