The 1099 section is assuming that I own the business, but I am a contractor for the business. Do I need to somehow make that clear?

[SamiaI]

is there an amount in Box 7 of the 1099 Misc?

[SamiaI · Accepted solution]

If you received a 1099 Misc with an amount in Box 7, then you will have to enter income and expenses in Schedule C as your own business even though you are a contractor.

The IRS considers you an independent contractor, or self-employed. You would report your business income and expenses on a Schedule C. Turbo Tax Self-employed will walk you through how to report your business income and expenses.