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February 1, 2024
Question

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  • February 1, 2024
  • 1 reply
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So we received a 1099-NEC form for royalties my son received as a college football player.  I am on the part where it says "Do one of these uncommon situations apply".  I am thinking that I need to check "This is not money earned as an employee or self-employed individual- it is from a sporadic activity or hobby" option.  He only received three payments for very low amounts.

    1 reply

    Employee
    February 1, 2024

    You are correct.