JeffreyR77
Expert Alumni

Get your taxes done using TurboTax

@VolvoGirl @aleishacatts The 1099 MISC box 7 indicates you received $5000 or more of goods for resale.  If the originator doesn't issue a corrected form, the IRS may send you a notice if there are no sales of goods reported on your tax return. 

 

 

You should request the originator issue a corrected 1099-MISC without the check in box 7.