When entering a 1099-MISC from robinhood, it tries to create a new business for me when it was just $9.00 worth. I have no idea why they sent it via a 1099-misc instead of a 1099-DIV or other form. How do I enter this without it saying I need to enter a business code for this new business?
Thanks for any guidance.
You may want to report this income as other income. Follow these steps in TurboTax Online.
The entries will be reported:
Is this for a gift of stock? Did you sell it? @Shaned71
I don't have any idea why I received this 1099-M, it just says other income in the notes. I have never sold any of this crypto they are referencing as the security description. It may have been a gift from RH at one time that I was not aware of.
You may want to report this income as other income. Follow these steps in TurboTax Online.
The entries will be reported:
If I report it as other income, should I delete all the other things entered or that downloaded from Robinhood first?