BobKamman
Level 15
07-20-2023
03:46 PM
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But the deduction on Schedule A is limited to $50 a month, right? And it's really not rent if it covers food, transportation and other expenses. Not everything on a 1099-NEC is subject to SE tax, but I agree that the knee-jerk IRS computers might see it that way if there is enough money involved. Like, more than $3,500 or so to generate at least $500 assessment.
Where does the paying organization get its funds? Do the students pay to be in the program? Beginning to sound more like a business. I wouldn't rule out Schedule C, but we really don't have enough facts and circumstances.