I have to say we both have some tax obsessment issues if we are doing this on the 4th of July. 🙂 wow, what are the chances you also have knowledge in the area of babysitting. It is only New York state that I babysit for. I get a 1099 miscellaneous from the New York State Office of the Comptroller every year, have done it for a few years and they always use my social. I'm of course fine with giving them my social. Should I be giving them my EIN number this year instead, or just leave it as is? The schedule C does have a spot for the social security number and a spot for EIN... so I guess even if no income goes to the EIN it would not hurt to put it there.
Here's another good question... probably a simple one for you but, when I 1099 contractors for working on my personal rental properties, I will want to put my Ein on that form not my social. If I only fill out a schedule e how will the government link that 1099 to being from me? Thinking about it they probably wouldn't really care I guess, and it is linked to my social anyways. It just feels weird if I didn't have to do the schedule C for babysitting the Ein would not be on my taxes anywhere.
I look forward to the link you are going to post.
