What do I enter for miscellaneous business income?
Include the following amounts in miscellaneous business income:
- Finance reserve income
- Scrap sales
- Bad debts you recovered
- Interest (such as on notes and accounts receivable)
- State gasoline or fuel tax refunds you received in 2025
- Any amount of credit for biofuel claimed on Line 3 of Form 6478
- Any amount of credit for biodiesel and renewable diesel claimed on Line 11 of Form 8864
- Credit for federal tax paid on fuels claimed on your 2024 Form 1040
- Prizes and awards related to your trade or business
- Amounts you received in your trade or business as shown on Form 1099-PATR
- Any amount of credit for COBRA premium assistance. See your Form 941 or Form 944 for 2025 for the nonrefundable and refundable portions of this credit that you claimed against your employment taxes.
- Other kinds of miscellaneous business income
- Recapture of excess depreciation, including any section 179 expense deduction
