I have 1099-MISC from Book Sales.
I do not want to do a Schedule C - I have no business expenses.
The book sells from Amazon
As soon as I enter the 1099-MISC ; TT wants to do a Schedule C and I don't want/need to.
How do I enter the 1099-MISC without being forced to do a Schedule C??
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If you are selling books on Amazon then it would appear that you are in the business of selling books. In which case you will have to use Schedule C Profit or Loss from Business even if you do not have expenses. Generally, you should receive a Form 1099-K from Amazon reporting your gross sales and not Form 1099-MISC.
I get a 1099-MISC from Amazon and LULU.
They print and sell the books. I wrote the book.
They do not send me 1099-K's, I have the 1099-MISC forms in my possession.
Thank anyway - I think I figured out that I need to pay the self-employment tax, thus the Schedule C is mandated even with no business expense to deduct. It's passive income at this point.
Your 1099-Misc forms report the royalties you received. You should have box 2 filled with the payment amount.
Enter your 1099-Misc in the Other Common Income section to avoid treating it as self-employment income:
Royalties will be reported on Schedule E of Form 1040.
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