1099-MISC on Sch C of form 1040

来源: 于 2011-03-30 22:11:55 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

Business Income


What is Business Income?

Business income includes self-employment income you earned as a sole proprietor (not as part of a corporation or partnership). You report this income, as well as applicable expenses, on Schedule C.

Income reported to you on Form 1099-MISC - and only in boxes 5, 6, 7, or 14 - may also be considered business income, and you report business income on Schedule C. The IRS requires you to pay self-employment tax on business income.


More Information

 - IRS Publication 334 - Tax Guide for Small Businesses