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djo13350
New Member

How should you report fees received from Nielsen Audio for tv channel monitoring be reported?

Fee reported in box 7 (non employee compensation) on 1099 Misc. Income Form. Turbo Tax is classifying it as business income. Does this classification subject it to self-employment FICA and Medicare tax?

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TomK
New Member

How should you report fees received from Nielsen Audio for tv channel monitoring be reported?

Generally, the IRS always considers income reported on Form 1099-MISC, box 7 as self-employment income.  And yes, this income is subject to self-employment FICA and Medicare tax.  

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TomK
New Member

How should you report fees received from Nielsen Audio for tv channel monitoring be reported?

Generally, the IRS always considers income reported on Form 1099-MISC, box 7 as self-employment income.  And yes, this income is subject to self-employment FICA and Medicare tax.  

View solution in original post

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