Yes, it should still be considered as "Other Common Income."
Reporting 1099-MISC (box 3 or box 7) that is not self-employment income:
- Under the Wages & Income tab (or Personal Income tab) scroll down to Other Common Income and elect to start/update Income from form 1099-MISC. Then click YES to indicate you have a 1099-MISC.
- Enter the 1099-MISC exactly as printed, and then Continue.
- Enter the reason you got this money – be it scholarship, bonus, solar power, whatever. Then continue.
- Select None of these apply, then Continue.
- Select No, it didn’t involve work….. and Continue.
- Select ONLY the tax year for which this specific 1099-MISC was issued. Do not select the year that you received the 1099. Select the year for which the 1099-MISC was issued. Select no other year. Then Continue.
- Select No, it didn’t involve an intent to earn money, then Continue.
- Select NO, then Continue.
- Click the DONE button, and that does it.