I received an 1099-MISC for $6 from the sale of sign-up bonus stock received from Robinhood. Turbo Tax has imported 1099-MISC from Robinhood.
My questions:
1. Should I delete the 1099-MISC imported from the Robinhood?
2. Should I complete section Federal Taxes -> Wages & Income -> 1099-MISC & Other Common Income -> 1099-MISC? If so what should be my entries here? Can you please provide me step by step guidance here, greatly appreciate your help.
3. Some of the answers here on the community suggest to use the section Federal Taxes -> Wages & Income -> Less Common Income -> Miscellaneous Income. If I update this section, should I delete the 1099-MISC imported form from Federal Taxes -> Wages & Income -> 1099-MISC & Other Common Income -> 1099-MISC?
Appreciate your help. Thank you.
