A
akstn5
Guest
Just need clarification on terms and forms to use...
Using 1040, I have one entry on line 21 reflecting other income. The amount reflects income from a 1099-MISC where no other figures or taxes are reflected.
Am I correct to enter this here, or should it be included as part of the line 7 "wages, tips, salaries"?
If Line 21 is appropriate, do I also have to use Schedule SE?
Thanks for taking the questions. Your thoughts are appreciated!
Using 1040, I have one entry on line 21 reflecting other income. The amount reflects income from a 1099-MISC where no other figures or taxes are reflected.
Am I correct to enter this here, or should it be included as part of the line 7 "wages, tips, salaries"?
If Line 21 is appropriate, do I also have to use Schedule SE?
Thanks for taking the questions. Your thoughts are appreciated!