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Get your taxes done using TurboTax
If you are getting a 1099NEC you are not an employee. You are an independent contractor who has a client or maybe several clients. When you are self-employed you pay self-employment tax for Social Security and Medicare, and ordinary income tax if you earn above the standard deduction amount for your filing status.
https://turbotax.intuit.com/tax-tools/calculators/self-employed/
https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922
https://turbotax.intuit.com/tax-tools/calculators/self-employed/
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Friday