Retired Captive Ins Agent

[Doug1948]

How do I get Retired Captive Agent 1099-misc pay into 2025 TTax Deluxe as ordinary income, not business income  Last year worked.

[MarilynG1]

To report income on a 1099-Misc as Business Income, go to Wages & Income > Business Items > Business Income & Expenses, Schedule C.  Give some info about your business, and Continue to 'Any Income on a 1099-Misc?'.

Enter the info from your 1099-Misc and Continue and enter any Expenses associated with this income (vehicle, home office, phone).  If you enter your occupation as 'Sales' you may qualify the QBI (Qualified Business Income) deduction.

Schedule C (business) income is taxed the same as ordinary income.

@Doug1948