If this is the case, then it must be reported as Self-Employment Income even if you don't think of it as such. Normally if you have a job, a W2 is issued reporting your fair share of your social security and medicare taxes. Instead of issuing a W2, a 1099 MISC was issued because your employer did not wish to pay their portion of payroll taxes on your earnings. As a result, you are responsible for paying your own FICA taxes (social security and medicare) and to do this, you need to report this as self-employment income.
By issuing a 1099 MISC, you became a contractor vs an employee. One saving grace in this is that you can claim expenses against your 1099 MISC income to reduce the income tax and self-employment tax (FICA). I hope I provided clarification of this..
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