TD Ameritrade 1099-MISC income

[wkoerner]

I had TD Ameritrade up until September 2023, whereupon I got migrated to Schwab.  I own an ETN that pays a monthly "coupon amount".  On my 2023 TD Ameritrade statement, it shows up on the 1099-MISC section as "Other Income".  On my 2023 Schwab statement, it shows up on the 1099-DIV section as an "Ordinary Non-Qualified Dividend".  

When I put in the 1099-MISC, Turbo Tax asks questions about Business Income and Expenses like address locations, but this wasn't a business.  Should I check the box that says "no" to the "Did this involve an intent to earn money?" question?  

[AmyC · Accepted solution]

Correct, mark no for intent to earn money and mark that this was only for 2023. Otherwise, the program thinks you are running a business and don't know it.

[cdlvj130]

DO NOT FILE YET!!!

This is not working, Ameritrade stuff is there but does not download. Be careful.

[wkoerner]

mine was able to download and import, but there was an updated form as of february 15.