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Level 1
Jul 11, 2020 7:31 PM UTC
Question

1099 misc

my brother and his wife both received a 1099 misc from the lodge they belong to. They clean the lodge after events. It's not a business but just a way to make money. The program is asking for a business name. how else can it be recorded?

2 replies

Level 15
Jul 11, 2020 7:35 PM UTC

A 1099-misc with an amount in box 7 requires a Sch C since that is self employment income. You can use your name as a business name. 

Level 15
Jul 11, 2020 7:42 PM UTC

The IRS treats it like it is a business.  They were paid for doing work, and are required to pay self-employment tax on the income for Social Security and Medicare, as well as ordinary tax.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**