S******a
发帖数: 1644 | 1 I was invited to give a guest lecture at another university. They let me
cover all my travel expenses, such as flight, lodging, car and meals, and
simply gave me a check with amount about four times of my travel expenses. I
received form 1099-MISC from the university. The total amount is in box 7
of the form.
I don't think I am self-employed in this case, since it is just a one-time
business for me, which does not happen often. My question is where I should
put this income in tax return and how can I get my expenses deducted. Can I
simply put my profit (income-expense) in line 21 of form 1040? I don't
want to file Schedule C, because I don't think I am running a business.
Thanks! | l*******s
发帖数: 3562 | 2 this is self-employment income.
I
7
should
I
【在 S******a 的大作中提到】
: I was invited to give a guest lecture at another university. They let me
: cover all my travel expenses, such as flight, lodging, car and meals, and
: simply gave me a check with amount about four times of my travel expenses. I
: received form 1099-MISC from the university. The total amount is in box 7
: of the form.
: I don't think I am self-employed in this case, since it is just a one-time
: business for me, which does not happen often. My question is where I should
: put this income in tax return and how can I get my expenses deducted. Can I
: simply put my profit (income-expense) in line 21 of form 1040? I don't
: want to file Schedule C, because I don't think I am running a business.
| S******a
发帖数: 1644 | 3 Thanks, so I must file Schedule c? The problem is that I don't know what I
shall input for Business name and address. My affiliated university or the
one that invited me for the guest lecture? Please advise. Thanks again.
【在 l*******s 的大作中提到】
: this is self-employment income.
:
: I
: 7
: should
: I
| l*******s
发帖数: 3562 | 4 simply call it "SAPChina consultation" or something like that. It has nothin
g to do with your university. They paid you as an individual.
I
the
【在 S******a 的大作中提到】
: Thanks, so I must file Schedule c? The problem is that I don't know what I
: shall input for Business name and address. My affiliated university or the
: one that invited me for the guest lecture? Please advise. Thanks again.
| S******a
发帖数: 1644 | 5 hehe, got it. Thanks a lot! | k**g
发帖数: 1558 | 6 Don't forget to pay self-employment tax, and get half of them deducted as
your business expense. |
|
