1099Misc from Fidelity

[DocNyr]

Dear Community,

In 2019, I moved my brokerage assets from a brokerage I wont name here to Fidelity. As an incentive to move the funds, Fidelity gave me $2K to add to the assets that were moved to their platform. In the tax records that I imported from Fidelity, they had a 1099Misc for that $2K. How does it get entered into my tax return? This is NOT business income for a schedule C, right? 

Can one of the experts please chime in here and help? Thanks in anticipation...

Cheers,
Doc

[ColeenD3]

Please see this answer from HalAl:

 Enter the 1099-Misc

• On the next screen Describe what the payment was for
• On the next screen select "none of these apply"
• On the next screen select "No it didn't involve work like my main job"
• On the next screen select "I got it in 2016" ONLY (lying to TT to get it to do what you want does not constitute lying to the IRS)
• On the next screen select No, it didn't involve intent to earn money

TT will put the amount on the1040 as other income

*The IRS  considers cash income, with or without a 1099-MISC, for work performed, to be self employment income