Can you change1099 misc income from structured note that is showing as self employed income

[AmyC]

Yes. The 1099-MISC is used to report many types of income. If it is not business income, review your answers by selecting edit for the 1099-MISC.

• You would need to select that it does not involve work like main job.
• Select that it is only for 2025.

[mseltzer3]

Thank you.  When I attempt to change this is the prompt I get.  this is not self employment income but interest from a structured note

"We’ll include this income in the Self-Employed section (Schedule C) of your tax return. You can add any other self-employment income not on a 1099-MISC later."

[DawnC]

What box of your 1099-misc is the income in?    And what are you selecting on the screen titled Do one of these uncommon situations apply?    Did you delete the Schedule C?    

You should delete the 1099-Misc you already entered and then re-enter it.    Where do I enter a 1099-MISC?

For Box 3:

To get your 1099-MISC, box 3 amount to go to Other Income instead of Schedule C, do the following:     Delete that 1099-Misc and the Schedule C that was started, instructions are below.  Then re-enter it, making sure to answer the follow-up questions as follows:

1. After you enter the reason for the 1099-Misc, mark None of the above on the next screen (uncommon situations).
2. Answer Did the refund involve work that's like your main job?  NO
3. Answer How often did you get income for refund?  You got it in 2025 only
4. Answer Did the refund involve an intent to earn money?  NO

This will report the box 3 amount as Other Income on Line 8 of Form 1040 without generating a schedule C.   

How to delete forms in TurboTax Online 
 

How to delete forms in TurboTax Desktop