I am part of a group that receives products at no cost in exchange for using and reviewing those products. It was stated that I will receive a 1099-NEC for the retail value of the products at the end of the year. I know my value will be over the $600 Threshold, so where is that information entered on my tax forms since I'm not self-employed?? I know I'm responsible for taxes on the value of the products too. Is that tax percentage the same as my regular income or is it taxed differently?? Thanks!!
