topic 1099 Misc in Business & farm

1099 Misc

Ed70 — Sat, 01 Feb 2020 00:12:53 GMT

I'm retired and was working by the hour helping a business. That business issued a 1099 misc. My question is why does it not list the income in the 1099 misc line but puts it in the business items, business income and expenses (schedule C)?

Re: 1099 Misc

Bsch4477 — Sat, 01 Feb 2020 00:19:58 GMT

If the amount was in box 7 of your 1099-R the IRS will consider you as having a business. That requires you completing Sch C. You can deduct any expenses associated with production of income and can deduct your medical insurance premium payments including what you pay for Medicare.

Re: 1099 Misc

Ed70 — Sat, 01 Feb 2020 01:53:27 GMT

Its not a 1099 R... the form is 1099 misc

Re: 1099 Misc

Bsch4477 — Sat, 01 Feb 2020 02:19:36 GMT

Yes. Typo. I meant 1099 misc.

Re: 1099 Misc

Ed70 — Sat, 01 Feb 2020 02:38:14 GMT

The problem was that I had misread a question.... problem solved.