Hi Kalinalvey, thanks for posting an event question.
Congrats on opening your business last year by being a healthcare provider. The insurance companies may issue a Form 1099 to you if total amount paid is more than $600.
The Form 1099 could be Form 1099-Misc Miscellaneous Information or Form 1099-NEC Nonemployee Compensation depending on how your service is classified.
https://www.irs.gov/pub/irs-pdf/f1099msc.pdf Box 6 Medical and Health care payments
https://www.irs.gov/pub/irs-pdf/f1099nec.pdf Box 1 Nonemployee compensation.
Recommend that you keep track of your income from each insurance company to verify with the future Form 1099 to be received. You also should record all out of pocket expenses since the self employment activities (income and expenses) are to be reported on Schedule C of Form 1040.
About Schedule C (Form 1040), Profit or Loss from Business (Sole Proprietorship)
https://www.irs.gov/forms-pubs/about-schedule-c-form-1040
Hope the above helps.
Thank you,
Kitty
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