Sign on bonus and 1099-Misc
I am a physician finishing training and starting a job in a few months. I will be employeed by a private practice, but have a contract with the local hospital for 3 month income guarantee, relocation expenses and sign-on bonus. The sign on bonus was paid 12/05. I received a 1099-MISC for the bonus. What form # should be put in Box 7? Is it '1' because it is nonemployee compensation and should be carried as "wages, salaries, tips, etc" on the 1040? I only came across this because when I tried to E-File and it would not let me if I had a "1" Form in Box 7 of the 1099-MISC. So I ended up looking into it more and getting thoroughly confused.