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user17522833981
Returning Member

2024 1099-MISC with box 3 "Other income" of $1.24 from stock brokerage firm: Should this be treated as "intent to earn income" ?

Hello TurboTax Users/Team,

I received 2024 1099-MISC with box 3 "Other income" of $1.24 from stock brokerage firm.

Should this be treated as "intent to earn income" ?

 

If I say "Yes" then TurboTax treats it as a business income and I don't have a business.

 

Please help. 

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2 Replies

2024 1099-MISC with box 3 "Other income" of $1.24 from stock brokerage firm: Should this be treated as "intent to earn income" ?

No. It’s not related to a business. 

user17522833981
Returning Member

2024 1099-MISC with box 3 "Other income" of $1.24 from stock brokerage firm: Should this be treated as "intent to earn income" ?

Thanks @Bsch4477 

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