MarilynG1
Employee Tax Expert

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The Board Membership income should be reported as Self-Employment Income, since it is an regular, ongoing source of income.

 

Click this link for more info on Board of Director Income. 

 

The 1099-Misc for greyhound racing can be reported as 'Other Income' or as 'Hobby Income'.

 

To report as Other Income, indicate that this is 'not like your main job' and you had 'no intent to earn money' when entering your 1099-Misc.

 

Click this link for more info on Reporting Hobby Income & Expenses. 

 

 

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