1099-Misc triggering Schedule C - solutions not working

CathyBlake · ‎April 3, 2024

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.

DawnC · ‎April 3, 2024

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.