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1099-NEC but not self employed
My wife is a preschool teaching assistant. The school participated in a program called Iowa Wages which you apply to receive additional compensation. It's meant to be promote people in these jobs. The extra compensation turned out to be about $900 and she just received a 1099-NEC. As I read it, the 1099-NEC reports money as if you own your own business or are a contract worker. It may even require us to make estimated quarterly tax payments. She is not self employed nor an independent contractor. I don't know how to treat this in TurboTax. Any help would be appreciated.
‎January 31, 2022
5:48 PM