My long post above should explain it all. When you file your tax return in 2024 (for 2023) you will need to fill out a Schedule C to report the 1099NEC self employment income. You will enter your total income for the year and you can enter all your business expenses. Then if your Net Profit is more than $400 for the year you need to pay about 15% self employment tax on it. You will not have any withholding taken out so you need to send estimated payments to federal and state so you don't owe too much on your tax return. 300 a week times 52 weeks is $15,600 for a year.
