Has anyone heard of a content creator for meta that is paid by facebook?
I have a client that received 1099 misc income not sure if it is misc or should this go to a schedule C
apparently she creates something and if people look at it she gets paid. Not sure how to handle this any thoughts?
Thanks
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
sounds like compensation for providing a service, Sch C.
Could be a trade or business, and then again, it could be royalty income to report on Schedule E. Which is probably why they issue a MISC and not a NEC. For an interesting discussion of tax treatment for intellectual property, although from 10 years ago, see
https://www.thetaxadviser.com/issues/2013/dec/kelley-dec2013.html
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.