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Self employed
Because they did not include the reimbursement on your W-2. If you have an employer who issues you a W-2, they should have put all of your income on the W-2. Form 1099-NEC is generally self-employment income that gets reported a Schedule C.
If all of your income in on Form 1099-NEC, report all of your income on on Schedule C and deduct and business expenses from that income. You will pay self-employment tax on the NET income, after expenses. If those supplies were used while producing your self-employment income, those are deductible expenses.
How is being self-employed different from being an employee?
If you're self-employed, you get to claim expenses related to your work. Common expenses for the self-employed include:
- Car and truck expenses
- Gas
- Office supplies
- Mobile devices
- Web hosting
- Marketing
- Travel
- Supplies
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‎February 14, 2022
4:00 PM