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1099 NEC and Schedule C
I did side job in landscaping, so I understand why I am getting a 1099 NEC from the owner . Its prompting me to then fill out a Schedule C, but its is asking "in depth" questions that I have no knowledge of. For example:
Accounting Method, Method to value closing inventory, Material participated(?), All investments AT RISK, Simplified Calculation of Amount of Risk. This is confusing for the minimal of $2800 I earned . Any guidance is appreciated. I haven't spent a dime, not my business, just my labor. Thanks
March 16, 2025
1:23 PM