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Level 1
posted Jan 27, 2023 10:43:43 AM

I received a 1099-MISC for Income for participating in a clinical trial. After I entered the information into TT Deluxe it is requiring me to complete a Schedule C for Self Employment. I can't figure out why or how to fix so It doesn't make me comple

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1 Best answer
Expert Alumni
Jan 27, 2023 11:07:16 AM

This income should be reported as other income on line 8z of Schedule 1. I assume the income is entered in box 3 on your Form 1099-MISC.

 

Please follow these steps to enter the income:

 

  1. Click on "Wages &Income" on the left tab (under Federal)
  2. Scroll down to "Other Common Income" and click "Show more"
  3. Select "Form 1099-MISC"
  4. Enter the box 3 income from Form 1099-MISC
  5. Select "I was in a research study and this was the payment"
  6. Select "No" to "Did you perform a service to earn the money"

4 Replies
Expert Alumni
Jan 27, 2023 11:07:16 AM

This income should be reported as other income on line 8z of Schedule 1. I assume the income is entered in box 3 on your Form 1099-MISC.

 

Please follow these steps to enter the income:

 

  1. Click on "Wages &Income" on the left tab (under Federal)
  2. Scroll down to "Other Common Income" and click "Show more"
  3. Select "Form 1099-MISC"
  4. Enter the box 3 income from Form 1099-MISC
  5. Select "I was in a research study and this was the payment"
  6. Select "No" to "Did you perform a service to earn the money"

Level 1
Jan 27, 2023 11:51:49 AM

Thank you for your help.  This took care of my issue.

New Member
Mar 5, 2023 7:21:39 AM

I have the exact same issue, followed the same steps, but it still creates a Schedule C Profit or Loss from business. What did I do wrong? 

Edit: ok, even after I deleted the 1099 Misc the Schedule C IS STILL THERE. This is a bug I think. Any ideas?

Expert Alumni
Mar 5, 2023 7:51:13 AM

Go to the Federal tab Wages and Income section.  If Self Employment Income is listed, click on Edit.  When it opens use the trash can to delete the entry.  This should remove the Schedule C.

 

Or

 

To remove Schedule C from your tax return follow the steps below:

 

  1. Login to your TurboTax account.
  2. Click Continue Your Return.
  3. On the left side of the screen click Tax Tools.
  4. Click on Tools.
  5. Click on delete a form.
  6. Scroll through the list until you find the form you see Schedule C then select delete.

 

@Rrrryanj13