- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Hi
I'm a bit confused here.
I'm a self-employed contractor, so I receive 1099-NEC form from the contractor company.
If I receive the social security benefits, this income will be included as my social security earnings, right? Is it what they call the Schedule C income?
Now, this is my second question. If I start withdrawing some money from my 401k account regularly, it does add up to my gross income, but it's not part of my social security earnings, isn't it?
‎June 18, 2024
9:03 AM