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cuch2
Returning Member

Indeed Job Spotter

When entering in my job spotter income from my 1099-MISC, am I considered the owner of the business and enter in my information for the job details?  Address etc.....

 

I wasnt planning on making over $600 in amazon gift cards but ended up doing so resulting in a 1099-MISC.  Additional questions to follow I would imagine.

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Accepted Solutions
MinhT1
Employee Tax Expert

Indeed Job Spotter

Yes, this income is QBI.

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3 Replies
MinhT1
Employee Tax Expert

Indeed Job Spotter

Your income reported on form 1099-MISC is self-employed income. The IRS considers that you operate a business as job spotter.

 

For business name and address, you just use your own name and personal address.

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cuch2
Returning Member

Indeed Job Spotter

K, thanks, kind of what I figured.  Is this income considered QBI?

MinhT1
Employee Tax Expert

Indeed Job Spotter

Yes, this income is QBI.

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