1099-MISC incorrectly issued?

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  • LindaK
    Member
    • Feb 2006
    • 33
    #31
    Originally posted by mblatour

    Taxea: So you'd feel comfortable putting that income on Line 21?

    Anyone else out there that'd do the same?

    Thanks for all of your thoughts!
    Becky
    I have done that in certain circumstances, with no IRS repercussions. But line 21 is not 'earned income'. For a dependent, his standard deduction would only be $300 over his earned income, so he would avoid SE tax, but be liable for income tax on $2100.
    Linda
    Last edited by LindaK; 03-20-2009, 09:09 PM. Reason: Remembered amounts wrong.
    Linda Deckert
    Minot, ND

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