@FishOnAH wrote:
I am the Trustee for my late grandmother's Revocable Trust. I received a 1099-NEC as Trustee, as I do every year.....
This is most likely not going to be income subject to self-employment tax that you would report on Schedule C, but it will be dependent upon the amount you are paid as trustee as well as the duration (of time you expend and how long you are to remain trustee).
Further, the statements quoted above beg the question as to from whom you receive a 1099-NEC. Typically, the trustee manages the business, income, expenses, et al, of the trust, including bookkeeping and tax reporting so the tax reporting statements (e.g., 1099s) would be issued by the trustee (which would be you, in this instance).
