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1099-Misc form Question -

I am a retired insurance property adjuster. I worked for a company after I retired that does house inspections for Allstate Insurance (not my prior employer).  I have a question that asks if this job involves work similar to my main job.  It would of I was still working as an adjuster - but I am retired - so I would think the correct answer is - No-it does not involve work similar to my main job.  

 

Is this correct?

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Accepted Solutions
TomK100
Expert Alumni

1099-Misc form Question -

No.  If the 1099-MISC involved compensation for "working" (including providing goods, personal services, consulting, etc.) then say yes.

 

The question is trying to figure out if the income is "unearned" (like a contest prize, a student stipend) or "earned" from "work."

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1 Reply
TomK100
Expert Alumni

1099-Misc form Question -

No.  If the 1099-MISC involved compensation for "working" (including providing goods, personal services, consulting, etc.) then say yes.

 

The question is trying to figure out if the income is "unearned" (like a contest prize, a student stipend) or "earned" from "work."

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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