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Level 1
June 3, 2019
Question

This is not right. I don't have a childcare business. I work for Triangle Daycare Inc. My boss name is Annie Vamper.

  • June 3, 2019
  • 1 reply
  • 0 views
the money I get on the 1099 is not for a business.

1 reply

Level 15
June 3, 2019

If your earnings are reported on a 1099-MISC, you are being paid as an independent contractor - which means you are self employed and you have to report your income (and any related expenses) on Schedule C - as a business. The IRS classifies workers as either independent contractors or employees. Tax responsibilities are different based on how the worker is treated; an employee requires employment tax withholding and matching by the business on wages paid to them while payments made to an independent contractor do not.

For more information see Publication 1779,




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