Tax Question

[DrBeta]

Naku oka journal vadu raasina paper ki last year honorarium ani dabbulu ichadu. Kani idi patent kadu, just journal article e. E dabbulu Royalties (Sch E) kinda file cheyyala, leka 1099-MISC kinda file cheyyala? I can't find it on the internet. 🤔 Help!

[DrBeta]

@Spartan

[DrBeta]

[Mitron]

29 minutes ago, DrBeta said:

 

[DrBeta]

2 minutes ago, Mitron said:

 

Ante you're sharing my tears aa?

[Spartan]

1 hour ago, DrBeta said:

Naku oka journal vadu raasina paper ki last year honorarium ani dabbulu ichadu. Kani idi patent kadu, just journal article e. E dabbulu Royalties (Sch E) kinda file cheyyala, leka 1099-MISC kinda file cheyyala? I can't find it on the internet. 🤔 Help!

https://www.investopedia.com/terms/h/honorarium.asp

yes u need to.

[bavaluu]

1 hour ago, DrBeta said:

Naku oka journal vadu raasina paper ki last year honorarium ani dabbulu ichadu. Kani idi patent kadu, just journal article e. E dabbulu Royalties (Sch E) kinda file cheyyala, leka 1099-MISC kinda file cheyyala? I can't find it on the internet. 🤔 Help!

enni dabbulu bava 

[AlaElaAlaEla]

1 hour ago, DrBeta said:

Naku oka journal vadu raasina paper ki last year honorarium ani dabbulu ichadu. Kani idi patent kadu, just journal article e. E dabbulu Royalties (Sch E) kinda file cheyyala, leka 1099-MISC kinda file cheyyala? I can't find it on the internet. 🤔 Help!

post this question on turbo tax forum...

[DrBeta]

11 minutes ago, Spartan said:

https://www.investopedia.com/terms/h/honorarium.asp

yes u need to.

Thanks for the link, so 1099-MISC lo file cheyyalantava?

[ekunadam_enkanna]

You don't receive 1099-MISC if it is less than < $600.

If it is < $600, put that number on Line 21 of Schedule 1

[DrBeta]

52 minutes ago, ekunadam_enkanna said:

You don't receive 1099-MISC if it is less than < $600.

If it is < $600, put that number on Line 21 of Schedule 1

I should be getting a 1099-MISC then, I will have to check mail from my previous place. Thanks though. 

[ekunadam_enkanna]

7 hours ago, DrBeta said:

I should be getting a 1099-MISC then, I will have to check mail from my previous place. Thanks though. 

If it is > $600, even if you don't receive 1099-MISC, just file under 1099-misc, and pay self-employment taxes.