ekad4
Returning Member

Investors & landlords

So if you do not report the 1099-misc in Schedule E but you do report it in Sch C would this not solve this specific audit concern then? 

 

And for the main " you would be hanging a sign ..."  argument:

reporting income in Sch C will have to  trigger self employment tax in order for you to end up increasing your SS benefits. So I do not see why the government should be thinking fraud when people volunteer self employment tax?