- Mark as New
 - Bookmark
 - Subscribe
 - Subscribe to RSS Feed
 - Permalink
 - Report Inappropriate Content
 
Business & farm
If you do not act as Trustee as a trade or business, you will report it as Miscellaneous Income - Other Reportable Income. This will include it on Schedule 1. Because it is not a trade or business, you do not have to pay self-employment tax on it.
	**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
			
			
			
			
			
			
			
		**Mark the post that answers your question by clicking on "Mark as Best Answer"
			
    
	
		
		
		January 24, 2021
	
		
		11:07 AM