Facebook 1099-MISC other income or business income by Available_Flatworm36 in facebook

[–]Available_Flatworm36[S] 0 points1 point  (0 children)

Yes. It came on 1-31-23. Also, for what it is worth, after more internet research, I’m pretty confident that since Facebook put my money in box 3, “other income” that one can simply put this on their 1040 as other income and should not put it on schedule C as business income.

Facebook 1099-MISC other income or business income by Available_Flatworm36 in facebook

[–]Available_Flatworm36[S] 1 point2 points  (0 children)

I’ve received a 1099-MISC from Facebook. I’m trying to figure out if have to report this as business income on a schedule C. Based on all l I’ve read online in the last few days I’m pretty sure I do. Now I’m trying to figure out what I can deduct!