Jump to content
ATX Community

MILITARY 1099


AnnieR

Recommended Posts

Client is in the military, he got a "bonus" of $1000 because a friend of his signed up. This is shown on a 1099 from "Document and Packaging Brokers, Inc" as

Non-Employment compensation (Box 7). Is there anyway to report this without having to do a C-EZ and SE? The young man is not in the recruiting business but that's the way the military treats it.

AnnieR

Link to comment
Share on other sites

I'd put in on Line 21 and not do a Schedule SE.

Include an explanatory note on the line "Military Recruitment Bonus - per IRC Sec. 183".

(Thanks to Taxbilly in a previous post for that last part of the entry)

He might get questioned about it and you'd maybe have to write a letter, but I have a feeling IRS is seeing lots of these. If there's a W-2 from the military they should be able to add up the facts.

Link to comment
Share on other sites

I'd put in on Line 21 and not do a Schedule SE.

Include an explanatory note on the line "Military Recruitment Bonus - per IRC Sec. 183".

(Thanks to Taxbilly in a previous post for that last part of the entry)

He might get questioned about it and you'd maybe have to write a letter, but I have a feeling IRS is seeing lots of these. If there's a W-2 from the military they should be able to add up the facts.

Thank you very much.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...