- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
No----it is still self-employment income whether they used a 1099NEC or 1099Misc. You have to report it on a tax return. You will be paying 15.3% for self-employment tax. If you have any expenses for clothes, shoes, boots, etc that you had to purchase for yourself, etc. put those expenses on a schedule C. If you are not someone else's dependent you can get the EIP payments but you can expect the SE tax to be taken out of the EIP amount. Your refund will end up on line 35a of your Form 1040.
**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.**
‎October 20, 2021
7:36 AM