RObinhood gave me 1099-MISC. Turbotax is able to identify a 1099MISC but does not show it eventually. However, on the review page, it asks me to verify a schedule C box. (2024)

• TurboTax Premier Online

‎February 14, 20233:06 PM

You should just ignore the 1099-MISC. $.07 rounds to zero. You don't want to complete a Schedule C - Profit or Loss From Business for $.07. I recommend you delete the 1099-MISC.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

I have the same problem except when I delete the 1099-MISC I still get Schedule C related errors when TurboTax runs Smart Check. I've tried manually deleting related info from the Forms view but unsuccessful so far.

Also, if it wasn't a value that rounded down to zero then what? It seems like TurboTax expects that I'd have to input information on my personal business that doesn't exist. This doesn't seem correct.

An IRS form 1099-MISC reporting small amounts not related to a self-employment activity would likely be reported to other income. Provide more details and the steps for reporting such an entry can be provided.

Rather than delete the Schedule C information in FORMS view, have you tried to delete the Schedule C in the step-by-step process?

In TurboTax Desktop, you may find the incomplete Schedule C information by following these steps:

• Click on Business across the top of the screen.
• Click Continue.
• Select I'll choose what I work on.
• Select Start / Update to the right of Profit or Loss from Business.
• Select Delete to the right of the business activity.

You may also review where you entered the 1099-MISC form in the step-by-step process to make sure that the form has been removed.

@redstorm64

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"