what do I report if my consulting work was paid by an individual and no 1099 was issued?
thank you. XXXXX had earnings from a judgement paid from a court TV show. Do i claim them?
Usually money and gifts that are won on television shows are taxable. In some cases judgments and settlements are not. You can refer to the following IRS document that explains the taxation of settlements.http://www.irs.gov/pub/irs-pdf/p4345.pdf
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Hi two more things very quickly if you can
1) I do have to file the 1040 alongside my Schedule C Profit or Loss
From Business. I found this form now.
2) Once I have filled out the 1040 how do I send into the IRS since I do not want to use the e filing software?
If you’re NOT including a payment, mail your return to:
STATE PROCESSING CENTER
PO BOX 61000ALBANY NY XXXXX-XXXX
If you’re including a payment (check or money order), mail your return to:
STATE PROCESSING CENTERPO BOX 15555ALBANY NY XXXXX-XXXX
You can mail your return and tax payment using a private delivery service instead of the U.S. Postal Service. If you use any private delivery service, send the forms to:
STATE PROCESSING CENTER30 WALL STREETBINGHAMTON NY XXXXX-XXXX