Simple answer: no.
The IRS considers anything in
box 7
of 1099-MISC to be self employment income. Enter the 1099-Misc income, at Other
Common income / income from a 1099-MISC . TurboTax (TT) will complete Schedule
C or C-EZ for you and allow you to deduct any expenses associated with this
income. You'll also have to pay self employment tax (social security &
Medicare) on any profits greater than $400. These types of payments are
frequently done this way. Your "employer" is not the only one.
The IRS also considers undocumented cash income (no W-2 or 1099-MISC), for
work performed, to be self employment income. The IRS wants social security and medicare (FICA) tax to be paid on earned income.
