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We didn't work for money, but we were paid by the electric company, because our solar panels generated excess electricity, and they reported it on a 1099-MISC. Also, my husband got some money from an organization he had volunteered for extensively over the years, as appreciation for years of service, which he never expected, and which was reported on a 1099-MISC. We need to pay income tax on these, but do we need to pay self-employment tax, or can we report them both elsewhwere? (If it matters, he's been collecting Social Security retirement taxes for 4 years.)
May 15, 2021
6:31 PM