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May 13, 2020
Question

This is residual pay, I am not in insurance sales only require a phone and email account. i have given my 100*99 misc earlier why again?

  • May 13, 2020
  • 1 reply
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1 reply

dohnmooreAuthor
May 13, 2020

The box on 1099 misc is  box 7 non employee compensation

CatinaT1
May 14, 2020

The residual income you are receiving is considered self employment income even though you are no longer in the business.  You will report this income as self employment and file a Schedule C and pay self-employment tax.

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