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