Robinhood 1099-MISC

[yatoshura]

I received a consolidated 1099 form from Robinhood. There is a 1099-MISC section with box 3 showing $5. I vaguely recall earning this $5 from completing a one time Robinhood in-app survey. When I report this in TurboTax, do I mark this as an intent to earn money? Doing so seems to report this $5 as self-employment income and TurboTax seems to treat it as having a side-hustle and asked a lot of questions about the nature of this work and income. Please advice on how to properly report this.  

[JamesG1]

In TurboTax Online, IRS form 1099-MISC box 3 Other Income may be entered as follows:

1. Down the left side of the screen, click Federal.
2. Down the left side of the screen, click Wages & Income.
3. Click the down arrow to the right of Other Common Income.
4. Click the right of Form 1099-MISC.
5. At the screen Did you get a 1099-MISC, click Yes.
6. At the screen Let's enter the income from your 1099-MISC, enter the information.  Click Continue.
7. At the screen Describe the reason, enter the reason.  Click Continue.
8. At the screen Do one of these uncommon situations apply, select the situation.
9. If you select None of these apply, click Continue.
10. At the screen Did the xxx involve work, select No, it didn't involve work.  Click Continue.
11. At the screen How often, select Got it in 2025.  Click Continue.
12. At the screen Did xxx involve an intent to earn money?, click No.

The income should be reported on line 8 of the IRS form 1040 and line 8z of the Schedule 1 Form 1040.

 In TurboTax Online, you may print or view your full tax returns prior to filing after you have paid for the software. 

• View the entries down the left side of the screen at Tax Tools.
• Select Print Center.
• Select Print, save or preview this year's return.