TomD8
Level 15

Business & farm

When you're paid for your work with a 1099-MISC (instead of a W-2), the IRS considers you to be a self-employed "business."  That income is properly reported as business income.  The good news is that you can deduct your business expenses from that income.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

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