I have a question about how to file 1099-MISC Form. Do I use Schedule C for 1099-MISC reporting?
Regarding how to file 1099-MISC Form and Schedule C for 1099-MISC, use Schedule C to report income or loss from either of these:
- A business you operated
- A profession you practiced as a sole proprietor
An activity qualifies as a business if both of these are true:
- Your primary purpose for engaging in the activity is for income or profit.
- You’re involved in the activity with continuity and regularity.
Use Form 1040, Line 21 to report income or loss from an activity or a hobby that isn’t a business.
Learn more about notice CP12A, why you received it, and how to handle an IRS CP12A notice with help from the tax experts at H&R Block.
The Tax Cut and Jobs Act resulted in several tax changes, including a new Form 1040 for 2018. Learn all about the new form from H&R Block’s experts.
The IRS needs additional information to forward your case to the Office of Appeals. Learn more from the tax experts at H&R Block.
Learn more about the tax form 1040a and what income, adjustments, and credits you can file from the experts at H&R Block.