topic 1099 misc in Education

1099 misc

Ross789 — Wed, 18 Mar 2020 23:52:28 GMT

I received a 1099 Misc for $600 of income as a substitute teacher. Why do I have to fill out a schedule c with it? The turbo tax program seems to be making me associate the 1099 misc with a business I own but I don't own a business; it was a company called Tagg education that I was employed through that issued me the 1099 misc instead of a w2

Re: 1099 misc

DavidD66 — Thu, 19 Mar 2020 00:11:15 GMT

You were working as an independent contractor, which means you were self-employed as far as that income goes. As a result, you have to report that income on Schedule C.

Re: 1099 misc

xmasbaby0 — Thu, 19 Mar 2020 01:33:13 GMT

You may not have any expenses to enter on a Schedule C since you were a substitute teacher. and would not have been buying classroom supplies, etc. (Did you buy any books to take to school with you to use as read alouds, etc.?)

But since you have self-employment income reported on that 1099Misc you are subject to self-employment tax for Social Security and Medicare. The school did not withhold those and pay the employer's part so you have to pay all of it--15.3% of your earnings.

https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922

https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax

https://ttlc.intuit.com/questions/2893392-where-do-i-enter-a-1099-misc

https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct

Re: 1099 misc

xmasbaby0 — Thu, 19 Mar 2020 01:35:33 GMT

You may want to use Free File to prepare your return if you qualify -- you certainly do not want to have to pay to use online Self-Employed.

FreeFile will have the forms and schedules you need for self-employment income.

Try Free File:

You qualify if your income was $36,000 or less, or $69,000 or less if active duty military, or if you qualify for Earned Income Credit

https://ttlc.intuit.com/questions/1900583-what-is-turbotax-free-file-program

https://ttlc.intuit.com/questions/2026912-how-do-i-switch-to-turbotax-free-file-program

If you switch to Free File you must create a new account and new user ID.