1099-MISC form help!?

Question

My sister doesn't have a job but she worked some hours in 2008 and only got a 1099-MISC form. There is no W2 form for her and I was helping her to file her tax on turbotax. I noticed that she had to file as a self-employment but as I went through the questions it asked me about the Schedule C, I didn't know what to put. For examples, the name for this business, the address of this business (do I put is as her home address?) And what do I put for the "Principal Business Code?"

I hope someone can help me get through this because my sister only has to file this MISC form..

Chuckie O · Accepted Answer

The 1099-misc income goes on a Sch-C. Turbotax called that correctly.

If she make over $400, she also has to do Sch-SE.

Name of business: self or her name
Address of business: same or her address
Principle business code: depends what she does. If you want to just put 999999 (other), OK, but if you want to look it up, use the instructions for Sch-C http://www.irs.gov/pub/irs-pdf/i1040sc.pdf Turbotax may have it in some help file.

Hope this helps

Anonymous · Answer

Page one of the 1040, Line 21. Or you could report it on Schedule C, if you have expenses related to this job. They didn't have to send you a 1099-MISC. Whether or not they send a 1099, you are still required to report the income. By the way since the amount is greater than $400, you also get to pay FICA tax on it. You report this on Schedule SE.

1099-MISC form help!?

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