topic 1099 Misc income for an electric co-op director. I used Schedule C and listed the business as a Utility with code 221000. Is this correct? in Business & farm https://ttlc.intuit.com/community/business-taxes/discussion/1099-misc-income-for-an-electric-co-op-director-i-used-schedule-c-and-listed-the-business-as-a/01/828338#M32258 Sun, 14 Jul 2019 23:22:34 GMT geomears 2019-07-14T23:22:34Z 1099 Misc income for an electric co-op director. I used Schedule C and listed the business as a Utility with code 221000. Is this correct? https://ttlc.intuit.com/community/business-taxes/discussion/1099-misc-income-for-an-electric-co-op-director-i-used-schedule-c-and-listed-the-business-as-a/01/828338#M32258 Sun, 14 Jul 2019 23:22:34 GMT https://ttlc.intuit.com/community/business-taxes/discussion/1099-misc-income-for-an-electric-co-op-director-i-used-schedule-c-and-listed-the-business-as-a/01/828338#M32258 geomears 2019-07-14T23:22:34Z Re: 1099 Misc income for an electric co-op director. I used Schedule C and listed the business as a Utility with code 221000. Is this correct? https://ttlc.intuit.com/community/business-taxes/discussion/re-1099-misc-income-for-an-electric-co-op-director-i-used-schedule-c-and-listed-the-business-as-a/01/828390#M32263 <P>It's not important what code you use, so don't get stressed over it. But the IRS wants to know what <EM>your</EM> business is, not the business that contracts with you. You are not the co-op, and you are not a utility. You are in the business of being a manager or an administrator. I would use something like 541600 Management, scientific, &amp; technical consulting services, or 541990 All other professional, scientific, &amp; technical services.</P> Mon, 15 Jul 2019 00:38:47 GMT https://ttlc.intuit.com/community/business-taxes/discussion/re-1099-misc-income-for-an-electric-co-op-director-i-used-schedule-c-and-listed-the-business-as-a/01/828390#M32263 rjs 2019-07-15T00:38:47Z Re: 1099 Misc income for an electric co-op director. I used Schedule C and listed the business as a Utility with code 221000. Is this correct? https://ttlc.intuit.com/community/business-taxes/discussion/re-1099-misc-income-for-an-electric-co-op-director-i-used-schedule-c-and-listed-the-business-as-a/01/828394#M32265 <P>Thanks very much!</P> Mon, 15 Jul 2019 00:55:10 GMT https://ttlc.intuit.com/community/business-taxes/discussion/re-1099-misc-income-for-an-electric-co-op-director-i-used-schedule-c-and-listed-the-business-as-a/01/828394#M32265 geomears 2019-07-15T00:55:10Z Re: 1099 Misc income for an electric co-op director. I used Schedule C and listed the business as a Utility with code 221000. Is this correct? https://ttlc.intuit.com/community/business-taxes/discussion/re-1099-misc-income-for-an-electric-co-op-director-i-used-schedule-c-and-listed-the-business-as-a/01/2796233#M92591 <P>Is this Electric Co-Op Director income considered qualified income and also qualify for the section 199a&nbsp; deduction?</P> Sat, 26 Nov 2022 23:35:11 GMT https://ttlc.intuit.com/community/business-taxes/discussion/re-1099-misc-income-for-an-electric-co-op-director-i-used-schedule-c-and-listed-the-business-as-a/01/2796233#M92591 mhuber1234 2022-11-26T23:35:11Z