1099 misc box 7

Question

Feb 5, 2007, 05:18 PM

lrf112

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Join Date: Feb 2007

Posts: 1

1099 misc box 7

I got a 1099-MISC tax form with box 7 filled out for $1500.00. I was a mentor teacher for an intern in my classroom and I got the money for mentoring her. The money was given to me through the school system through a non profit organization. This organization was created by the school system and it operates to support the school system in improving. Shouldn't this just be other income? I am not a business???

Answers

Feb 5, 2007, 10:45 PM	#2

AtlantaTaxExpert Senior Tax Expert Join Date: Feb 2005 Location: Atlanta, Georgia Posts: 13,322	The IRS does not look at it like that. Sorry. it's self-employment income that must be reported on Schedule C and Schedule SE.

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