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Old 03-30-2017, 02:55 PM
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1099 misc

I published a book on amazon's createspace which generated royalty for me. so they issued me a 1099 misc with royalty earning on it. When i was giving amazon my tax info, i wrote my LLC name, but they said, if i am the single owner of my LLC, which I am, then i must write my own ssn, and my LLCs EIN is not ok. So I did what they said, even if i consider this part of my LLC business. Now, how do I enter this income. On schedule E as royalty? On the schedule C of my LLC? or on a separate schedule C for myself? IRS publication 17 page 92 says that if i am a self employed writer, then i can enter on schedule C as an exception to the rule. well writing is part of my business but not only thing i do, so i am not sure if schedule E or C.. and if schedule C, to my name or to my LLC schedule C. note: the money i earned came to my LLC bank account.



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