Ok, I have another situation where a family member got a 1099 M with income reported in the "other income" box. This was money for sitting with a close family member, paid by the estate. I am questioning putting this on "other income" on 1040 because she also was in the business of home health care in 2016 and sat with 2 other people. So I know those other two people goes on the schedule C, just wondering about this 1099-M. Is payments listed as "other income" in itself enough to argue that it goes on 1040?
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Originally posted by Super Mom View PostOk, I have another situation where a family member got a 1099 M with income reported in the "other income" box. This was money for sitting with a close family member, paid by the estate. I am questioning putting this on "other income" on 1040 because she also was in the business of home health care in 2016 and sat with 2 other people. So I know those other two people goes on the schedule C, just wondering about this 1099-M. Is payments listed as "other income" in itself enough to argue that it goes on 1040?
If they received other 1099's and that it what they do.. then it all goes on the same Sch C
Chris
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Originally posted by Super Mom View PostOk, I have another situation where a family member got a 1099 M with income reported in the "other income" box. This was money for sitting with a close family member, paid by the estate. I am questioning putting this on "other income" on 1040 because she also was in the business of home health care in 2016 and sat with 2 other people. So I know those other two people goes on the schedule C, just wondering about this 1099-M. Is payments listed as "other income" in itself enough to argue that it goes on 1040?Believe nothing you have not personally researched and verified.
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