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Retirement tax questions
It depends on what your bartering income is for:
If you received a Form 1099-B showing bartering income, here are the various places you should report it:
* On SCHEDULE C, if you are a sole proprietor and the bartering transaction was related to your business or the type of service your business performs.
* On SCHEDULE E, if the bartering transaction was related to rental properties or royalties.
* On SCHEDULE F, if the bartering transaction was related to farm activities.
* On FORM 1040, line 21, if the bartering transaction was related to any personal activity, rather than a business you have. .
May 31, 2019
5:07 PM