Originally posted by yanko: Originally posted by idnic: Originally posted by rainmotorsports: It can also be filed under a 1099 |
It can be reported to you on a 1099, but you file it on Schedule SE |
Doesn't it have to be over $400 to warrant a Schedule SE? |
I think there's a place to file it on the regular 1040 under "Rents and Royalties" or "other income" -- the IRS probably won't care that much where you list it as long as you list it, unless you try to take business deductions on Schedule C to counter that income. |