topic Not self-employed but 1099 Misc entry keeps telling me I am, how do I get it as just additional income? in Get your taxes done using TurboTax

Not self-employed but 1099 Misc entry keeps telling me I am, how do I get it as just additional income?

dha7d4 — Fri, 11 Oct 2019 23:04:05 GMT

Re: Not self-employed but 1099 Misc entry keeps telling me I am, how do I get it as just additional income?

VolvoGirl — Fri, 11 Oct 2019 23:05:41 GMT

If the amount is in box 7 on the 1099Misc the IRS considers it self employment independent contractor income. Why did you get it? It might really be self employment income.

Re: Not self-employed but 1099 Misc entry keeps telling me I am, how do I get it as just additional income?

dha7d4 — Fri, 11 Oct 2019 23:09:00 GMT

It's in box 3. I teach high school, it's a daily stipend for additional weekend training.

Re: Not self-employed but 1099 Misc entry keeps telling me I am, how do I get it as just additional income?

Anonymous — Sat, 12 Oct 2019 00:45:31 GMT

IRS instruction for box 3 says it either goes as other income (line 21 of schedule 1) or on Schedule C. since this is for additional work for services performed it's subject to self-employment taxes. if you get a 1099-Misc for your regular work, read no farther.

if you're an employee, you get a W-2, the stipend should have gone on it since it would be considered additional compensation. if this is the case you are really supposed to file IRS form 8919. It's a red flag to receive both a W-2 and 1099-Misc from the same employer. I should also inform you that filing the 8919 will likely result in the IRS contacting your high school as to why it wasn't on your W-2.