I have people that I pay over $600.00 in machine hire, Is 1099 -misc, line 3 other income the correct entery?

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I have people that I pay over $600.00 in machine hire, Is 1099 -misc, line 3 other income the correct entery?

No, if you paid someone over $600 to provide services (machine hire) for your business enter the amount in box 7 (Nonemployee compensation).

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I have people that I pay over $600.00 in machine hire, Is 1099 -misc, line 3 other income the correct entery?

No, if you paid someone over $600 to provide services (machine hire) for your business enter the amount in box 7 (Nonemployee compensation).

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