Turbo Tax generated a Schedule C for "Stock Capital Gains" and I'm wondering what is going on. I have no idea why it did this.
It just lists a $12 gain amount, but no other info that gives me a clue what this is about.
Could this have to do with a K-1 I received for trading a commodity ETF?
Or does this have anything to do with Qualified Business Income? (It mentions 199A in the form ).
I'm confused and am tempted just to erase this Schedule C.
More information may help resolve your issue. For example, what is the heading at the top of the form, and on what line of Schedule C is the $12 "Stock Capital Gains" reported?
Schedule C is for income from self-employment, but there is also a separate Schedule C for Form 8995-A, which is related to Section 199A income and loss (Qualified Business Income, or QBI).
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