I have a 1099-Misc for MTN interest income...this is NOT business income...how can I enter this without providing business (which there is none) info?

[IreneS · Accepted solution]

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:

1. Click on Federal > Wages & Income.
2. Scroll down to the Other Common Income section. 
3. Click on the Start/Revisit box next Form 1099-MISC. 
4. On the screen Did you get a 1099-MISC?  click on the Yes button.
5. On the next screen, Let's get the info from your 1099-MISC, enter the information from the 1099-MISC.
   
   
6. On the following screens, answer the following questions:

• Did it involve work that's like your main job? No.
• You got it in 2019
• No, it didn't involve an intent to earn money

1. Continue through the rest of the interview screens. The income will appear as Other Income.

[Edited | 4/14/2020 |  12:10pm PDT]

[lah]

I am trying to enter 1099-MISC that needs to appear as "Other Income" - not Sch C or Sch SE. I followed directions below but was not prompted to answer "Did it involve an intent to earn money?  No.". All the other steps matched but the 1099-MISC is still transferring to Sch C. Thanks!