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bvanc
New Member

Should I fill Box 3 Schedule C with the full amount of other income on my 1099-MISC form?

 
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Vanessa A
Employee Tax Expert

Should I fill Box 3 Schedule C with the full amount of other income on my 1099-MISC form?

Box 3 on Schedule C is subtract line 2 from line 1.  You would enter your total income for your business or self-employment in box 1, then any returns or allowances in box 2.  If box 2 is 0, then yes, you would enter the full amount from your 1099 there as well if it is income that should be reported on the Schedule C.

 

What is this income for?  

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