Tom...throughout the year, I provide services for a couple of outside organizations that I recieve form 1099 for. The income is for "independent consulting" that I do, aside from my child care business. For instance, my local R&R pays me to conduct assessments on other programs and the Ca. ECMentor Program pays me to mentor students from the college.
Would I claim these on schedule C, under my child care, or should I claim it on form 1040 under "other income?" I'd prefer to pay income tax, rather than self-employment tax, as I never have an income tax liability, but do end up with SE liability.
Please advise, and THANKS!
Would I claim these on schedule C, under my child care, or should I claim it on form 1040 under "other income?" I'd prefer to pay income tax, rather than self-employment tax, as I never have an income tax liability, but do end up with SE liability.
Please advise, and THANKS!
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