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Client received a 1099-Misc for a settlement, beside entering the 1099-Misc must I fill something else out?

jeanmarc
Level 4

Client received a 1099-Misc for a settlement with "3. Other income: $601." This stems from a class action suit alleging the defendant used persons' biometric data in violation of the BIPA. Upon entering the 1099-Misc, ProSeries wants me to fill out a Sch. C unless I check off one of the boxes under "For Other Income:". I'm checking off the box that says "Other income" in that section and it no longer asks me for a Sch. C. I want to know if that is the correct thing to do.

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1 Comment 1
IRonMaN
Level 15

Sounds like you are good to go now!


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