Yardley CPA Posted March 11, 2021 Report Share Posted March 11, 2021 Amazon reported $23.64 in Royalties to client on a 1099-Misc. It will not link to other income, only a Schedule C. Is that really the route I have to take for this?? The information I have is it pertains to Kindle Direct Publishing. Client does not have any type of business and while I will find out more, I'd like to just reflect it as other income. Quote Link to comment Share on other sites More sharing options...
Joel Posted March 11, 2021 Report Share Posted March 11, 2021 Did you try linking to Sch E? 2 Quote Link to comment Share on other sites More sharing options...
Lee B Posted March 11, 2021 Report Share Posted March 11, 2021 If it was reported on a 1099 Misc,it's not SE Income because if it was it would have reported on a 1099 NEC ? Quote Link to comment Share on other sites More sharing options...
TexTaxToo Posted March 11, 2021 Report Share Posted March 11, 2021 2 minutes ago, cbslee said: If it was reported on a 1099 Misc,it's not SE Income because if it was it would have reported on a 1099 NEC ? Not necessarily. Royalties are reported on 1099-MISC, but if the taxpayer is self-employed as an author, song-writer, etc. they would file a Schedule C and include the income there, not on Schedule E. 2 Quote Link to comment Share on other sites More sharing options...
Terry D EA Posted March 14, 2021 Report Share Posted March 14, 2021 Yep, I totally agree. I have a self-employed author that files a Sch C each year. Quote Link to comment Share on other sites More sharing options...
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