You'll need to sign in or create an account to connect with an expert.
You should first request a corrected Form 1099-MISC from the clients that reported your income under your former EIN. It should now be reported under your Social Security number if you are operating as an independent contractor.
The income will need to be reported on Schedule C as self-employment. Enter it as 'cash' income since the Form 1099-MISC was reported under the wrong number, unless you can get a corrected Form 1099 before you file your return.
If there is ever a question from the IRS with regard to whether the income was reported, you can show that it was included on Schedule C.
If they sent the 1099-MISC using YOUR EIN, you just report it as a business on Schedule C. Or did you mean that they used the corporation's EIN?
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
Fuzzy Red Baron
Returning Member
Irasaco
Level 2
Jsdion83
New Member
zbchristy501
Returning Member
DLK59
Returning Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.