https://ttlc.intuit.com/community/taxes/discussion/my-travel-agency-sent-1099-box-7-is-less-than-600-commissions-do-i-report-it-amp-why-sch-c-i-don-t/01/316204#M132773 <P>Why prepare a schedule c when I don't own a business ?</P> Mon, 03 Jun 2019 18:58:25 GMT gb2046 2019-06-03T18:58:25Z https://ttlc.intuit.com/community/taxes/discussion/my-travel-agency-sent-1099-box-7-is-less-than-600-commissions-do-i-report-it-amp-why-sch-c-i-don-t/01/316204#M132773 <P>Why prepare a schedule c when I don't own a business ?</P> Mon, 03 Jun 2019 18:58:25 GMT https://ttlc.intuit.com/community/taxes/discussion/my-travel-agency-sent-1099-box-7-is-less-than-600-commissions-do-i-report-it-amp-why-sch-c-i-don-t/01/316204#M132773 gb2046 2019-06-03T18:58:25Z https://ttlc.intuit.com/community/taxes/discussion/if-the-agency-sent-you-a-1099-misc-instead-of-a-w-2-they/01/316209#M132777 <P>If the agency sent you a 1099-MISC instead of a W-2, they regard you as an independent contractor, not an employee.&nbsp; Independent contractor income is considered self-employment income by the IRS, and is correctly reported on Schedule C or C-EZ.</P><P>As far as the IRS is concerned, you are a self-employed "business."&nbsp; On Schedule C, enter your own name and address as the business name and address.</P><P>If the 1099-MISC is your only income for the year, you must file a tax return if the net income is $400 or more.</P><P>If you have other income requiring a tax return, you must include the 1099-MISC.&nbsp; It is not tax-free.</P> Mon, 03 Jun 2019 18:58:26 GMT https://ttlc.intuit.com/community/taxes/discussion/if-the-agency-sent-you-a-1099-misc-instead-of-a-w-2-they/01/316209#M132777 TomD8 2019-06-03T18:58:26Z