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Ed Johnson
Ed Johnson, Tax Preparer
Category: Tax
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Experience:  GPHR Cert; U.S. Treasury Tax Advocacy Panel appointee
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I produce tamales and sell them to people who then sell them

Resolved Question:

I produce tamales and sell them to people who then sell them to stores. On the 1099 form there is a place where you state you sold your product. Do I put down an amount? What amount should I enter?
Submitted: 7 years ago.
Category: Tax
Expert:  Ed Johnson replied 7 years ago.

Dear BR,

If you check this box it means $5,000 or more of sales of consumer products was

paid to you on a buy-sell, deposit-commission, or other basis.

You do not have to fill this box in. Generally, report any income from

your sale of these products on Schedule C or C-EZ (Form 1040).

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