AnnetteB6
Expert Alumni

Retirement tax questions

Your friend's company treated you as an independent contractor for the work that you did.  That means that for that job you were self-employed and your income shown on the Form 1099-NEC should be reported on Schedule C Business Income and Expenses.  

 

Your income will be subject to self-employment tax if the net amount is greater than $400.  

 

See the following TurboTax help articles for more information:

 

Am I considered self-employed?

 

Where do I enter Schedule C?

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"