ahoh9
New Member

Categorizing my 1099-NEC income- severance pay but I was never an employee

I received a severance payment from a company, and they sent me a 1099-NEC form. I've seen this question asked before, but my situation may have been a bit different. 

I was laid off from the company between when I accepted the offer and my start date, so I was never an employee of the company. 

How would I categorize my 1099 income? Is it still income that should've been on a W2, even though I was never an employee of the company? I feel like none of the options really fit

 

Self-employment income
Farm income
Hobby
Lawsuit settlement
Medicaid waiver payments that qualify as difficulty of care
Income that should've been reported on a W-2
 
Thank you!