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Level 2
March 31, 2022
Question

Miscellaneous Income

  • March 31, 2022
  • 3 replies
  • 31 views

I potentially have income that was paid to me that is not coming from a w2, 1099 NEC, or documented by any other statement.  These were minor consulting fees paid to me from a company outside the USA. Where should I report this?

    3 replies

    Level 2
    March 31, 2022

    Best bet is Schedule C.  You then can also include your expenses, including home office.

     

    Level 15
    March 31, 2022

    That is self-employment income.  That is reported on Schedule C, along with any related expenses.   For information on reporting self-employment income see Where Do I Enter Schedule C? and IRS Publication 334

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    VolvoGirl
    Level 15
    March 31, 2022

    Actually you can just enter it as Other self employment income or as Cash or General income. You don't need to get a 1099NEC or 1099K. Even if you did you can enter all your income as Cash. Only the total goes to schedule C.


    You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version. Or use any of the Desktop CD/Download programs. How to enter income from Self Employment
    https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/26653