3612793
I am using the 2024 TurboTax app for macOS, Sequoia 15.3.2. I've received a 1099-MISC for electricity generation by my solar panels. This was not a problem for 2022 and 2023. But, now when I enter the information, it treats this income as a business and asks for my "Principal Business Code".
I tried the solutions from last year in the following article, but it didn't work for me:
https://ttlc.intuit.com/community/taxes/discussion/received-1099-misc-solar/01/2930992#M1069759
A prompt response is appreciated.
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You can use the instructions below to enter your Form 1099-MISC that you received. Make sure to answer "No" to the questions "Did this income involve work that's like your main job" and "Did this income involve the intent to earn money?"
Form 1099-MISC is used to report miscellaneous income for individuals and companies who have been paid $600 or more in non-employee service payments during a calendar year.
To enter a Form 1099-MISC into TurboTax you can:
Click here for Publication 525 (2024), Taxable and Nontaxable Income
Click here for additional information on entering your Form 1099-MISC.
Click here for additional information on Form 1099-MISC.
Click here for additional information on Schedule 1.
You can use the instructions below to enter your Form 1099-MISC that you received. Make sure to answer "No" to the questions "Did this income involve work that's like your main job" and "Did this income involve the intent to earn money?"
Form 1099-MISC is used to report miscellaneous income for individuals and companies who have been paid $600 or more in non-employee service payments during a calendar year.
To enter a Form 1099-MISC into TurboTax you can:
Click here for Publication 525 (2024), Taxable and Nontaxable Income
Click here for additional information on entering your Form 1099-MISC.
Click here for additional information on Form 1099-MISC.
Click here for additional information on Schedule 1.
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