Submitted By: Terry
Answered: July 22, 2014 8:30 am

I worked at the polls for the election and received a Form 1099-MISC. Do I have to file a Schedule C?

No. A Schedule C is required if you are in a trade or business. However, you can report miscellaneous income on line 21 of Form 1040 (“other income”). This miscellaneous income is not subject to self-employment tax.

advertisement
Tax Glossary

Original issue discount (OID)

The difference between the face value of a bond and its original issue price. OID is reported on an annual basis as interest income.

More terms