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1099-Misc triggering Schedule C - solutions not working

I did not receive a 1099-MISC form due to less than $600 earned from crypto rewards.  I entered payer information from last year with the amounts for 2023.  I have tried the resolutions offered in the other Q&A to get rid of the Schedule C error.  These resolutions are not working and the Schedule C forms and errors remain.  How do I get rid of these - this is not a business income. 

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1 Reply
DawnC
Expert Alumni

1099-Misc triggering Schedule C - solutions not working

Delete that 1099-MISC (and the Schedule C you created)  and enter your crypto rewards (it says airdrop, but the same instructions apply) as follows:  

 

  • Convert to US dollars if necessary
  • With your return open, go to Federal then Wages & Income.
  • Open the Less Common Income section and select Start or Revisit next to Miscellaneous Income, 1099-A, 1099-C.
  • On the next screen, select Start or Revisit the very last entry, other reportable income (you can also search this phrase to go directly there).
  • Answer Yes on the Any Other Taxable Income? screen.
  • On the next screen, enter a description (for example, crypto airdrop) and then enter the total USD amount.
  • Select Continue, then Done.

 

How to delete forms in TurboTax Online

 

How to delete forms in TurboTax Desktop

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