Page 199 - Other Income for Individuals

Kickbacks

Verify your other income for tax filing

 You must include kickbacks, side
commissions, push money, or similar
payments you receive in your income

on Schedule 1 (Form 1040), line 8, or
on Schedule C (Form 1040) if from

Example: your self-employment activity.

 You sell cars and help
arrange car insurance

for buyers.
 Insurance brokers pay
back part of their
commissions to you
for referring
customers to them. Kickbacks /!\ Verify interest income and
 You must include the
kickbacks in your other income for filing your

income. taxes./!\

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