Carl
Level 15

Business & farm

Can I count the income reported on these forms as business income instead of personal income?

If the income is reported in box 3 of that 1099-MISC, it's not "personal income" any way you look at it. It's business income. Period.

If you file a SCH C and "your" SSN or business EIN is in the "recipient's TIN" box,, then yes. Otherwise, if your business is not a SCH C business then that 1099-MISC needs to be reported on the tax return of the business whose EIN appears in the "Recipient's TIN" box.