1099misc box 7 other income not a business don't believe i need schedule c
How do I reort this income as ithr incime not related to self employment or a business?
How do I reort this income as ithr incime not related to self employment or a business?
UPDATED FOR TAX YEAR 2019
You can enter the 1099-MISC in TurboTax as "Other Common Income," which is reported on line 8 of 1040 Schedule 1 and will not generate Schedule C or SE tax. Please use the following steps:
7. Continue through the rest of the interview screens. The income will appear on line 8 of 1040 Schedule 1.
[Edited | 4/3/2020 | 12:38pm PDT]
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