You'll need to sign in or create an account to connect with an expert.
why type of company because you are using self-employed?
a guess would be that you are either a partner/multi-member of an LLC or self-employed.
a partnership/multimember LLC needs to file a partnership return. the income/loss prorated among the partners. it's reported on a K-1 which then must be entered into their personal returns.
if you are self-employed, it's the 1099-NEC's that the business receives that can be entered along with any income not so reported. you use schedule C to report the business's income and expenses on your personal return.
@jessicamains-yah said "Thats how the company i work for reports it even though i dont receive the 1099nec?"
That statement requires clarification. On the surface, it makes no sense at all. If the company reports worker's pay on a 1099-NEC, the worker must be provided a copy.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
BSSE1
Level 1
4beautifulreflec
New Member
dresiap
New Member
staceythibodeaux
New Member
mcninchtw
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.