Question

I have a question about how to file 1099-MISC Form. Do I use Schedule C for 1099-MISC reporting?

Answer

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.

 

Related Topics

Related Resources

Time to Get Right with the IRS or Lose Your Passport

Seriously delinquent tax debt can cause your passport to be restricted. Find out if you could be impacted and learn how to fix the problem.

IRS Letter 861C – Power of Attorney, Tax Information Authorization and/or U.S. Estate Tax Return Incomplete for Processing

Learn more about letter 861C, why you received it, and how to handle an IRS 861C letter with help from the tax experts at H&R Block.

Past-Due Tax Return

Get the facts about IRS past-due tax returns, and how to fix the issue. Read the IRS definition and get more insight from the experts at H&R Block.

Form 1099

What is form 1099 and why is it needed for tax filing? Learn more about 1099 forms and get tax answers from H&R Block.