Hi There:
As an add on - here three things to be aware of are:
1) As a 1099 employee you are considered an independent contractor and therefore will be responsible for paying self employment taxes of 15.3% of net Income in addition to regular income tax.
2) As an independent contractor you will be able to deduct all ordinary and necessary expenses of running your self employment business.
3)Report all self employment business income and expenses on Schedule C with your 2023 tax return.
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