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Get your taxes done using TurboTax
You need to file if you had at least $400 in net earnings from self-employment (income minus expenses) or you had marketplace health insurance and received advanced payments for the premium tax credit.
And, yes, 1099 MISC income in box 7 (non employee compensation) is considered self-employed income and reported on Schedule C of your return, therefore you can also deduct any business expenses associated with the1099 MISC income.
‎June 5, 2019
11:24 PM