For 11 months I was an hourly employee. In December I became an owner operator for the same company. Do I need to report Decembers earnings also?
041021
1 Best answer
Hal_Al
Level 15
May 31, 2019 7:02:03 PM
Yes. All income is reportable. But, you do not report it at the W-2 screen. You have to report it as self employment income (you will probably get a form 1099-Misc in addition to your W-2).
You will also have to upgrade to TurboTax Self Employed
4 Replies
Hal_Al
Level 15
May 31, 2019 7:02:03 PM
Yes. All income is reportable. But, you do not report it at the W-2 screen. You have to report it as self employment income (you will probably get a form 1099-Misc in addition to your W-2).
You will also have to upgrade to TurboTax Self Employed
norwal2003
New Member
May 31, 2019 7:02:06 PM
I did not receive a 1099 but I do get weekly print outs.
Hal_Al
Level 15
May 31, 2019 7:02:11 PM
Then you enter your income based on your own recods. BUT the company is required to provide you a 1099-Misc, if they paid you more than $600 for the year. They have until early February to send them out.