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Is a 1099 considered earned income

 
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Is a 1099 considered earned income

If you received a 1099 Misc for work you performed for someone with income reported as nonemployee compensation, then yes, that would generally be considered earned income.

If it was a 1099 for interest, dividends, sale of property, cancellation of debt, rental properties or something else you did not actually work to earn, then generally it is not considered earned income. 

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Is a 1099 considered earned income

There are about two dozen kinds of 1099's.  What kind do you have?
**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.**

Is a 1099 considered earned income

And what box is the income recorded in?

Is a 1099 considered earned income

If you received a 1099 Misc for work you performed for someone with income reported as nonemployee compensation, then yes, that would generally be considered earned income.

If it was a 1099 for interest, dividends, sale of property, cancellation of debt, rental properties or something else you did not actually work to earn, then generally it is not considered earned income. 

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

Is a 1099 considered earned income

I have the 1099-misc. The income is reported on line3

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