Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Jun 4, 2019 8:15:17 PM

I earned income last year after collecting SS since 2013. I was 1099 ed. The form Net Profit From Business ( Sole Proprietorship) prints. Is this correct?

0 1 237
1 Best answer
Intuit Alumni
Jun 4, 2019 8:15:19 PM

Yes. If you have a 1099-Misc with Box 7 income, it is considered to be self-employment income. It is reported on Schedule C.

1 Replies
Intuit Alumni
Jun 4, 2019 8:15:19 PM

Yes. If you have a 1099-Misc with Box 7 income, it is considered to be self-employment income. It is reported on Schedule C.