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May 14, 2021
Question

Independent Consultant

  • May 14, 2021
  • 1 reply
  • 0 views

My wife, who is retired, also does antique and jewelry purchasing for her brother's business. He pays her $400.00 per month as an independent consultant. He did not issue a 1099 to her and she wants to claim this income and pay the Social Security taxes on it. How does she do this?

1 reply

Critter-3
May 14, 2021

She needs to file a Sch C ... 1099 is not required.  

 

May 14, 2021

Thank you