GraceNY Posted March 17, 2012 Report Share Posted March 17, 2012 Medical student received 1099-MISC reporting $2,000 in Box 3 (Other Income). According to taxpayer, he was paid this for "doing research for the University". My research has generarted a lot of conflicting information. My main concern is whetehr or not it is subject to self-employment tax. Anyone with experience in handling this income tax issue. It's my first time seeing one of these. Thanks in advance for any input. Grace Quote Link to comment Share on other sites More sharing options...
mcb39 Posted March 18, 2012 Report Share Posted March 18, 2012 I can answer this tomorrow when I get home and pull a file. I have one at the U of Alabama who does not even get a 1099; just sends me his quarterly income and pays in quarterly estimates. It is not self-employment, but am not sure how I reported it last year. He just e-mailed me his numbers last night. Quote Link to comment Share on other sites More sharing options...
mcb39 Posted March 19, 2012 Report Share Posted March 19, 2012 I finally got a chance to get back to this. What you need to do is bunny hop from Line 7 on the 1040 to a worksheet where the first item is fellowships and grants not reported on a W2. Enter the amount there. It is not SE income. Quote Link to comment Share on other sites More sharing options...
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