Problem with 1099-MISC and Webull Free stock promotion

[amanda620]

Hi,

I received 2 free stocks from Webull as a promotion and I have only sold 1 of the stocks. I did not sell the other however. I'm almost done filing my taxes but, TurboTax keeps looping me around to fill out the Schedule C form even though I don't have my own business. When asked "Does one of these uncommon situations apply?" I answer none of these apply. When asked "Did the promotional offer from webull involve work thats like your main job?" I answered no. When asked "How often did you get income for...?" I answered I got it in 2021. Finally, when asked "Did the promotional offer from webull involve an intent to earn money?" I also answered no. I tried looking around google and found that if I answered these questions like this, Schedule C shouldn't appear for me to answer but no matter what I do, it still comes up. Even if I try to file the 1099MISC as miscellaneous income under less common income and delete my 1099-Misc from other common income, the Schedule C form still appears. How can I get around this?

[RobertB4444]

Delete the 1099-MISC and just enter the amount from it as other miscellaneous income.

Delete the schedule C from forms before you re-enter the income.

To Delete a form:

1. Select Tax Tools from the menu on the left
2. Then select Tools
3. When the new menu pops up select Delete a Form
4. You will see a list of all the forms in your return
5. Find the form that you want to delete
6. Select the Form
7. Click Delete on the right  

Tax forms are interconnected.  While you are on this screen don’t start deleting forms you don’t recognize.