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April 3, 2020
Question

Where to I file income showing on box 9 of a 1099-MISC form?

  • April 3, 2020
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ColeenD3
April 3, 2020

 

Box 9. If checked, $5,000 or more of sales of consumer products was paid to you on a buy-sell, deposit-commission, or other basis. A dollar amount does not have to be shown. Generally, report any income from your sale of these products on Schedule C (Form 1040).

 

Form 1099-MISC Box 9 reports information rather than income. Basically, the company reported to the IRS that you made direct sales of product for resale. This implies that you will report this activity on Schedule C as income/expenses from self-employment. When you enter Form 1099-MISC, leave Box 9 blank.

 

@cindycox55