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Enter 1099-Misc with no Schedule C

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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3 Replies
LeonardS
Expert Alumni

Enter 1099-Misc with no Schedule C

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. 

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Enter 1099-Misc with no Schedule C

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.

FangxiaL
Expert Alumni

Enter 1099-Misc with no Schedule C

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:

  1. Open or continue with your return
  2. Click on Show more next to Other Common Income under Income & Expenses section
  3. Click on Start/Revisit next to Form 1099-MISC
  4. Follow the prompts to enter your 1099-MISC forms here.

Royalties will be reported on Schedule E of Form 1040.

 

@theMezzMan

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