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    cathyg's Avatar
    cathyg Posts: 1, Reputation: 1
    New Member
     
    #1

    Mar 31, 2008, 06:03 AM
    1099-MISC Nonemployee Compensation 7 What Additional Forms?
    My husband was a grant reviewer for the National Science Foundation, last spring (2007). This was a one time trip to DC and he received about $1720. In compensation from NSF. As a result, we received a 1099-MISC, Miscellaneous Income form (stating Nonemployee Compensation 7) from them for that amount. (I might add that he does not own his own business, but is an academic. )

    Other than the 1099-MISC form, what additional forms do we need to fill out? And where do I include this income on the 1040 form? Any help would be greatly appreciated.

    Thank you ever so much.

    cathyg
    MukatA's Avatar
    MukatA Posts: 7,110, Reputation: 176
    Tax Expert
     
    #2

    Mar 31, 2008, 09:38 AM
    The 1099-Misc income as nonemployee compensation is reported on schedule C (Form 1040). You can deduct your expenses related to this income.

    How you will treat the 1099-Misc income, read: Your U.S. Tax Return: W2 or 1099: Employee or Independent Contractor.

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