put non-employee compensation from
Google. Looks like it is put in with
my gross receipts on Schedule C.
Here's the IRS document that leads me
to believe that this is true:
Schedule C–EZ Business Income
This question and answer from Yahoo
Answers seems to be saying the same
thing:
Gross Receipts on Schedule C?
Here's the website that has given me
the clearest answer of all:
What Do I Do With This 1099 MISC?
Clarity is a wonderful thing, isn't it?
It's clear to me now that 1099-MISC income
goes on Schedule C on the gross receipts line.
If I recall right, this is line 1.
OK. Just found the instructions from the
IRS for Schedule C. They are here:
2011 Instructions for Schedule C
Here's the relevant quote:
Line 1b. Enter on line 1b all gross receipts from
your trade or business. Also include amounts you
received in your trade or business that were
properly shown on Forms 1099-MISC. If the total
amounts that were reported in box 7 of Forms
1099-MISC are more than the total you are
reporting on this line, attach a statement
explaining the difference.
Sounds like my income from Google goes on line
1b of Schedule C.
Schedule C-EZ may be a little bit different but
I would think the basic idea is the same. The
basic idea is to report non-employee income as
gross receipts on your business. That's my
best understanding at this time.
Ed Abbott
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