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I received 1099 nec from my employer, even though they withheld taxes last year. am i going to get taxed twice now? Shouldnt i get the withholding back if im on 1099 now?

my last paystub says $831 was withheld for taxes, but i still got a 1099. Is this legal? am i going to have to pay self employment taxes on this as well?
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I received 1099 nec from my employer, even though they withheld taxes last year. am i going to get taxed twice now? Shouldnt i get the withholding back if im on 1099 now?

They usually don't take withholding out of 1099 NEC income.  I would double check with the payer.  Does it show on the 1099NEC box 4?  When you enter the 1099NEC there should be a little box to check if you have more boxes.  Then you will get credit for the withholding on 1040 line 25b.   Is the 1099NEC for your total pay?  Maybe you will be getting a W2 also.

 

That is for self employment income.  You can enter Self Employment Income into Online Deluxe but if you have any expenses you will have to upgrade to Premium version. Or use any of the Desktop CD/Download programs. You can buy the Desktop CD or the Download program here,
https://turbotax.intuit.com/personal-taxes/cd-download


How to enter income from Self Employment
https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

 

Self Employment tax (Scheduled SE) is automatically generated if a person has $400 or more of net profit from self-employment. You pay 15.3% SE tax on 92.35% of your Net Profit (If it is greater than $400). The 15.3% self employed SE Tax is to pay both the employer part and employee part of Social Security and Medicare (FICA). So you get social security credit for it when you retire. It is in addition to any regular income tax you owe on it.

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I received 1099 nec from my employer, even though they withheld taxes last year. am i going to get taxed twice now? Shouldnt i get the withholding back if im on 1099 now?

They usually don't take withholding out of 1099 NEC income.  I would double check with the payer.  Does it show on the 1099NEC box 4?  When you enter the 1099NEC there should be a little box to check if you have more boxes.  Then you will get credit for the withholding on 1040 line 25b.   Is the 1099NEC for your total pay?  Maybe you will be getting a W2 also.

 

That is for self employment income.  You can enter Self Employment Income into Online Deluxe but if you have any expenses you will have to upgrade to Premium version. Or use any of the Desktop CD/Download programs. You can buy the Desktop CD or the Download program here,
https://turbotax.intuit.com/personal-taxes/cd-download


How to enter income from Self Employment
https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

 

Self Employment tax (Scheduled SE) is automatically generated if a person has $400 or more of net profit from self-employment. You pay 15.3% SE tax on 92.35% of your Net Profit (If it is greater than $400). The 15.3% self employed SE Tax is to pay both the employer part and employee part of Social Security and Medicare (FICA). So you get social security credit for it when you retire. It is in addition to any regular income tax you owe on it.

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