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Business & farm
It depends. You still need to report it like a business because the issuer of the 1099-NEC did not deduct your FICA taxes during the year. You are going to need to pay FICA taxes in this return. These are reported as self-employment taxes but are the same as FICA taxes. You were considered a self-employed contractor for the work that you did even though you thought you were an employee.
When you report, you must indicate that this was your main job when Turbo Tax asks you this.
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March 21, 2021
6:41 PM