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1 Best answer

Accepted Solutions
TeresaM
Expert Alumni

sale of bread route

If you contracted for the bread company and they issued a 1099-NEC for work performed, that will go on your Schedule C for self-employment or sole proprietor business. 
If you received additional money that was not included on the Form 1099 for the sale of the route, you can enter that in the Add Income section of the Schedule C

 

  1. Click on the Add Income button 
  2. Select Other self-employed income, includes cash and checks and Continue.  
  3. Enter a Description, such as sale of bread route, and the Amount
     

 

 

 

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4 Replies
JulieS
Expert Alumni

sale of bread route

We'd love to help you complete your tax return, but need more information. Can you please clarify your question?

 

Are you asking how to report that? If yes, how did you report the income when owned the bread route?

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

sale of bread route

I recived 1099 from bread company and listed 1099 on return .  I did not recive 1099 when I sold the route.

 

TeresaM
Expert Alumni

sale of bread route

If you contracted for the bread company and they issued a 1099-NEC for work performed, that will go on your Schedule C for self-employment or sole proprietor business. 
If you received additional money that was not included on the Form 1099 for the sale of the route, you can enter that in the Add Income section of the Schedule C

 

  1. Click on the Add Income button 
  2. Select Other self-employed income, includes cash and checks and Continue.  
  3. Enter a Description, such as sale of bread route, and the Amount
     

 

 

 

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

sale of bread route

Yes Thank You very much.

 

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