Taxes On Referral Fees

Can anyone inform me of how I report birddog or referral fees in my tax filing?

Comments(2)

  • InActive_Account2nd February, 2004

    The official response: check with your tax consultant.

    My thoughts: Get on the phone with the IRS asap and ask (it's free!). Depending on how you got paid, as well as how much, you may be needing a 1099.

    Good luck!

  • Tedjr2nd February, 2004

    I would report it on a schedule C as business income. You will have to pay self employment tax too. You can deduct any expenses incurred in earning the income too.

    Good LUCK and Thank You
    Hope this helps some
    Ted Jr

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