Originated From
AOL Search

Where is 1099 income that you paid out located on tax return?

Liked this question? Tell your friends about it

2 Answers

Order by
Oldest to Newest
Newest to Oldest
Votes

1099 is what you earn as a contractor not employee, unless you are asking where it goes because you sent it out.

If you paid a business expense it goes on Schedule C.  If you paid a professional (like a CPA) for investment expense, it goes on Schedule A, line 23.  If you paid someone to add to your house, you save that cost information and add that cost to the cost basis of the house, to be reported on schedule D when you sell the house.  If you paid for routine maintenance like painting, that's not a deduction at all.

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Asked: Tax Squeal Report Tax Fraud | Tax Schemes?

Tax Squeal Report Tax Fraud | Tax Schemes?

Asked: Sales tax in Brunswick County NC

If I purchased shutters from a SC business what is the sales tax for this purchase for residents of brunswick county NC??

Asked: Tax on sale of non-primary residence

What is the tax/fee charged on sale of non-primary residence in Montgomery Co MD and is that amount a federal tax deduction.y Co MD

More Questions

Did you e-file your federal income tax returns this year?

You bet your sweetness I did, My Financial Adviser has it done at her office and goes over portfolio at the same time the others do it.. Think that She "E-Files", and I just give her the Checks.. IRS scares the daylights out of me, and I don't do anything.. LOL.. Sweet G

NYS Income tax payment

You have to do it on line. NYS does not process credit cards, they do it through a third party. Go to their website www.nystax.gov

How can I find the last time income tax was paid for a corporation

well if your the right corporate officer you can call 18008291040 to inquire. This number is taxpayer service at IRS.

Can someone tell me how i can get a transcript of my 2007 income tax

Who is "they". The IRS can provide you with a transcript. Go to your local IRS help center for assistance.