yuber
New Member

Business & farm

Again, firstly, I very much appreciate your prompt and very thorough explanation with a practical solution (way out).  

I think I share your view about the 1099 Misc may not be the correct vehicle for the issuer to be using.  I think it serves THEIR purpose but doesn't work that well for the passive investors.  I am going to share your opinion with the CEO of the company and see his reaction.  

However, on the point that IRS would consider me self-employed simply because of the "intent to earn money", I would appreciate more convincing evidence.  I do NOT in any way work for the issuer of the 1099-Misc, nor I receive any compensation as salary.  

Once again, thank you very much for your help in the matter.