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Self employed
You and your wife will follow a Form 1040 for calendar year 2023; not a Form 1099.
Form 1099 is an information return used by folks who make payments above certain amounts to others; in other words, it is information sent to IRS so IRS can track if those amounts get reported.
You may need to make an estimated tax payment on September 15 depending on how your profit position looks.
‎August 30, 2023
10:58 AM