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Get your taxes done using TurboTax
@heveran2571 wrote:
1099 NEC
Then he received this from self-employment. Since the amount is greater than $400 he is required to file a tax return and report his self-employment income and expenses on Schedule C of the federal tax return, Form 1040. If he has a net profit from the self-employment he will need to pay Self-Employment taxes, which are separate from federal income taxes.
He will need to indicate on his tax return that he can be claimed as a dependent.
See this TurboTax support FAQ for a Schedule C - https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-schedule-...
‎February 10, 2025
11:07 AM