In order to enter this as not self-employment, follow the instructions below: To enter other income that is non-cash: Go to Income Scroll down to Other Common Income Click Start next to 1099-MISC Add a 1099-MISC, enter payer and Box 3 income, then Continue Describe the reason for this 1099-MISC and select What if I got my 1099-MISC for something other than a job? Continue Does one of these uncommon situations apply? Select none of these apply at the bottom of list, then Continue And check box for No, it doesn't involved work like Jack's main jobThis will not be entered as self-employment then.

Question

1099-misc is money returned to me for not using a Legal Service Plan Trust through my work. How do I get around not filing Schedule-C since it is not self employment?

Forum|Forum|5 years ago
February 22, 2021
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P

PattiF

In order to enter this as not self-employment, follow the instructions below:

To enter other income that is non-cash:

Go to Income
Scroll down to Other Common Income
Click Start next to 1099-MISC
Add a 1099-MISC, enter payer and Box 3 income, then Continue
Describe the reason for this 1099-MISC and select What if I got my 1099-MISC for something other than a job? Continue
Does one of these uncommon situations apply? Select none of these apply at the bottom of list, then Continue
And check box for No, it doesn't involved work like Jack's main job

This will not be entered as self-employment then.

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S

shcje

I have this exact same situation and followed your exact procedure 4 times and it does not work. TurboTax keeps generating a Schedule C and it is frustrating. Any other work around?

A

AnnetteB6

In addition to the instructions provided above by pattif12, be sure to indicate that you only received the payment in 2020 (even if it was received in other years and you expect to receive it again). Also, indicate that the payment did not involve an intent to earn money.

This should place the income on Line 8 of Schedule 1 without requiring a Schedule C.

@shcje

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