Is my 1099misc income "other income" or "self employment business"?
Hi all,
I have been working fulltime at a university. I am also working parttime as an independent technical consultant for a company. I got w2 from university and 1099misc from the company. W9 that I submitted for the consultant job classifies me as "Individual/Sole proprietor" for federal tax. NOW, should I enter my 1099misc as "other income" OR "self employment-business"?
This is not really a business. I am giving the company some advice on their products and the project is going to end this month and I won't be working as a consultant anymore at the end of this month.
Thanks,