- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Self employed
If you paid anyone $600 or more you need to give them a 1099NEC (was a 1099Misc). But not to corporations or for merchandise. You send the IRS a copy of the 1099NEC with the transmittal summary form 1096. These are due to the person by Jan 31 and to the IRS by Jan 31 also.
That is Contract Labor on Schedule C line 11.
How to enter Contract Labor
https://ttlc.intuit.com/community/entering-importing/help/how-do-i-enter-contract-labor/00/27407
How to create W2s and 1099
https://ttlc.intuit.com/community/forms/help/how-do-i-create-w-2-and-1099-forms-in-turbotax/00/25869
January 27, 2025
6:04 PM