Does having a 1099-Misc with income in box 7 for "food service" qualify as a business?

posted

Yes, income reported in box 7 of form 1099-MISC is self-employed income. You are considered as operating a business and have report this income on Schedule C. You can also deduct related expenses from this income.

Please read this TurboTax FAQ on how to report form 1099-MISC:

https://ttlc.intuit.com/replies/4801198

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

on my business taxes they are only asking for shareholders wages. There isn't a spot for "all other wages". Where do I enter them?

in Get your taxes done using TurboTax

Expert does your taxes

Do it yourself

Resources

Support

Does having a 1099-Misc with income in box 7 for "food service" qualify as a business?

Does having a 1099-Misc with income in box 7 for "food service" qualify as a business?

Unlock tailored help options in your account.

Get more help

Do you have a TurboTax Online account?

Does having a 1099-Misc with income in box 7 for "food service" qualify as a business?

Do you have an Intuit account?

Does having a 1099-Misc with income in box 7 for "food service" qualify as a business?

Unlock tailored help options in your account.

Get more help

Related Content

Thank you for helping us improve the TurboTax Community!

Sign in to Turbotax

File your taxes, your way

Access additional help, including our tax experts

Post your question

Connect with an expert