My 1099 Mics. income from my investments was being added as business income and causing a schedule C to be created. A schedule C is not required for this income. All of the posts I saw suggested checking the box No, it didn't involve an intent to earn moneyHowever this box never appeared as an option. In order or fix this I had to go directly to the forms section and delete the schedule C and then go to the 1099 Misc. form and check the box "Other Income"

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Question

1099 Misc Other investment income

Forum|Forum|2 years ago
March 3, 2024
0 replies
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My 1099 Mics. income from my investments was being added as business income and causing a schedule C to be created. A schedule C is not required for this income. All of the posts I saw suggested checking the box

No, it didn't involve an intent to earn money

However this box never appeared as an option. In order or fix this I had to go directly to the forms section and delete the schedule C and then go to the 1099 Misc. form and check the box "Other Income"