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Income earned as independent contractor, received 1099-NEC
I worked at an office for three months as an independent contractor, providing executive administrative support. I retired shortly thereafter and have not worked since nor plan on working again. I received an 1099-NEC. I know I have to report this income and pay taxes on this income, but do I have to declare it as a business? This was a one time occurrence. What forms do I need to submit and how do I declare this information?
Thank you.
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‎April 16, 2024
8:37 AM