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    gain's Avatar
    gain Posts: 1, Reputation: 1
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    #1

    Apr 5, 2005, 02:32 PM
    1099-misc for computer rental
    Last year I worked on a job that required the use of my computer. I was paid $1000 as a rental fee for the computer. While I got a W2 for my salary, I received a 1099-misc. for computer rental with $1000 in box 1. How do I report this?

    In the past I've used the 1040EZ to file my taxes, do I have to use a different form to file my taxes?

    Thanks in advance for your help,
    Michael
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Apr 5, 2005, 08:30 PM
    Gain:

    Since it is rental income that is not real estate, you can report it on Line #21 of Form 1040. No self-employment taxes are due. That's the easiest way to handle it.
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