Medical research study income se tax

[dave h]

Medical research study income shown on form 1099-misc in box 7 "non enmployee income." Is this type of income subject to SE tax? Not much info on IRS site.

[jimmcg]

Need more facts. Is T/P in the trade or busines of medical research?

[dave h]

No trade or business. Just a young man trying to make some extra money.

[S T]

Prior Thread

Maybe this will assist you

http://www.thetaxbook.com/forums/showthread.php?t=7317&highlight=college+medical

Sandy

[taxea]

Medical research study income se tax

What was the nature of the income? Reimbursement of time and expenses?
Did the client engage in this "work" on a consistant basis? How long did the study last?
How much time was the client engaged in this research? Did the client sign a contract with the company or perform any services?
My bet is it goes on line 21 and is not subject to SE tax. taxea

[ChEAr$]

Agree

What was the nature of the income? Reimbursement of time and expenses?
Did the client engage in this "work" on a consistant basis? How long did the study last?
How much time was the client engaged in this research? Did the client sign a contract with the company or perform any services?
My bet is it goes on line 21 and is not subject to SE tax. taxea

since it's probably a one shot deal.

But for those who regularly "donate" blood at local commercial blood bank, I would
argue that is se income, since it's a regular activity pursued for monetary gain.
Even if the "gain" is used to buy wine. grin

[taxea]

Medical research study income se tax

No trade or business here if the activity is not regular, continuous, and substantial thus not SCH C or subject to SE tax.. If it wasn't totally reimbursement of expenses then it may need to be report on Ln 21 as other income. taxea