tx007
Feb 22, 2010, 01:16 PM
Hello everyone,
I'm currently a F-1 student here. Last summer I helped my friends moved into the apartment complex where I lived. The leasing office paid me $700 as a referral bonus and now I received a 1099-MISC from them. The $700 is reported on Box-7. I know I'm supposed to report this part of income on Schedule C. However, this part of income might be considered illegal since I cannot work based on my visa status. (I really didn't expect it to be so complicated since I just purely did a favor to my friends and I split the money with them... ).
Someone suggested me to report this income on line 21 as other income and clarify it. If I do that, will I get a CP2000 from IRS and make this problem even worse?
Thank you very much!
I'm currently a F-1 student here. Last summer I helped my friends moved into the apartment complex where I lived. The leasing office paid me $700 as a referral bonus and now I received a 1099-MISC from them. The $700 is reported on Box-7. I know I'm supposed to report this part of income on Schedule C. However, this part of income might be considered illegal since I cannot work based on my visa status. (I really didn't expect it to be so complicated since I just purely did a favor to my friends and I split the money with them... ).
Someone suggested me to report this income on line 21 as other income and clarify it. If I do that, will I get a CP2000 from IRS and make this problem even worse?
Thank you very much!