I know the full distribution is Taxable Income but it was not earned as part of my current consulting business, which TT seems to want to do. So yes I pay taxes but should not be paying Self Employment tax. Any ideas?
UPDATED FOR TAX YEAR 2019
You can enter the 1099-MISC in TurboTax as "Other Common Income," which is reported on line 8 of 1040 Schedule 1 and will not generate Schedule C or SE tax. Please use the following steps:
7. Continue through the rest of the interview screens. The income will appear as Other Income.
[Edited | 4/9/2020 | 12:44pm PDT]
UPDATED FOR TAX YEAR 2019
You can enter the 1099-MISC in TurboTax as "Other Common Income," which is reported on line 8 of 1040 Schedule 1 and will not generate Schedule C or SE tax. Please use the following steps:
7. Continue through the rest of the interview screens. The income will appear as Other Income.
[Edited | 4/9/2020 | 12:44pm PDT]