Should a teacher who receives a 1099-MISC have to file Schedule C?
My wife is a full time school teacher and as such gets a W-2 every year. Last year the school's budget allowed for several teachers to get money from a technology account to buy a new computer for their personal use. They gave her $1000 and she bought a new computer. At year end, they sent her a 1099-MISC with $1000 showing in Box 3 as Other Income. My question is, where do we report this, on line 21, form 1040? Or does she need to file Sch C and Sch SE? As she is not running a trade or business as an independent contractor, I shouldn't think she would have to. Where and how do we report this?