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Get your taxes done using TurboTax
What kind of work did you do to get the 1099NEC? Typically a 1099NEC is issued for non-employee compensation---to an independent contractor, so you have to pay self-employment tax for Social Security and Medicare as well as ordinary income tax.
https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922
https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax
And did you enter business expenses on a Schedule C?
https://ttlc.intuit.com/questions/1901340-where-do-i-enter-schedule-c
https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct
**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.**
‎April 3, 2022
1:14 PM