Hello SA841! Thank you for joining us today. Besides your 1099-NEC to report your income, you should keep track of any expenses that are necessary and ordinary for your independent contracting business. Depending on your state, city or municipality, and/or type of business, you may need to apply for a business license to operate as an independent contractor. Check with your local Small Business Administration for license requirements. Here is a link to some helpful tips for deductions that may apply.
https://thttps://turbotax.intuit.com/tax-tips/self-employment-taxes/reporting-self-employment-busine...
