I am a self-employed dancer/entertainer that gets paid in cash. When getting hired at the club I do business at, I signed a contract that states I am an independent contractor. I don’t get a paycheck and don’t have an hourly wage. Every day I work, I pay the club a “house fee” to do business there, and tip out 10% of my earnings for the day when I am done working. I have been considering myself an independent contractor since then, but when reading self-employed tax articles and filling out my own information on TurboTax, I am basically being told I am a sole proprietor. Which is correct and is it possible to be both? What is the difference between the two and how will it affect the way I file my taxes?
I’ve attached an image below. All of the bullet points apply to me besides “receive other business income from sales.” And I am not entirely sure what “do 1099 contract work with existing businesses” means. Can someone explain?
Thank you!
