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I received an Iowa DHS Retention Bonus (https://dhsbonusprogram.powerappsportals.com/) reported on a 1099-NEC. I am a preschool teacher. Why schedule C?
This income was not based on hours or services rendered. It was not paid by my employer. Do I need to report it as business income on a Schedule C?
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‎February 1, 2023
4:54 PM