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Deductions & credits
We did not receive a 1099 (as guardian and conservator, our lawyer did not instruct us to issue one to ourself or anything like that. Father is incapacitated). We were just advised that the compensation is taxable and plan to report it as other reportable miscellaneous taxable income. Our only documentation is the letter from the commissioner. On the reimbursement, no we are not in the business of cleaning or hauling, and did not do any of this to make money (we both have desk jobs in government and education).
‎February 22, 2024
8:01 AM