I owned a utility bed truck in my personal name and not in my business name. I sold it to a city and was 1099'd for miscellaneous income (Box 7) under my personal S.S. #. I do not think this is personal income to me. I bought the truck at a price with money I earned and then sold it. This was not for services performed for the city. Does anyone have an answer as to what I should do? I don't want to pay income tax on this.