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1099-NEC - Concern
I had a long employment period with a company (as a W2), and switched employers late last year around October.
My previous employee needed me to do some additional work for them, so on two occasions I agreed. I worked 2-3 days and made around $12K for this. I received a 1099-NEC form for this income.
I really do not see how this could be considered a business, but I don't want to get a red flag from the IRS.
This was nothing that continued or extended beyond that. My question is this, IF I must consider this as self-employed income on a business, am I allowed to claim expenses for the whole year (like home-office, cell, etc)? Even though these services were rendered in a short period of time during 2021.
Topics:
March 12, 2022
11:58 AM