Last year, I was served a subpoena for any documents I might have pertaining to a patent infringement suit. I had worked for a company that no longer exist but whose assets were bought by a major pharmaceutical company. This company paid me a fee ($4800) for the time I spent finding these documents. They sent me a 1099 misc with the money reported in box 7. Do I report this as business income (Sch C) or as other income?
