Thank you for this information. I asked this last year to an accountant and didn't get an answer. Now I see what I need to do. I don't understand it but now I see why. It seemed like the 1099-NEC wasn't being counted as earned income when input into the personal income section. I see now that if input as self-employed/business income the feds get their share for SS/Medicare. I don't know which offset is better; not being allowed IRA contribution/not paying SS/Medicare or being allowed the contribution and then paying the SS/Medicare bill.
Thanks for the answer.
