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Can I please get assistance with inputting my 1099-NEC that I got from an employer? When I tried filling it out, it came through as "self-employed", but I am a contractor

 
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2 Replies

Can I please get assistance with inputting my 1099-NEC that I got from an employer? When I tried filling it out, it came through as "self-employed", but I am a contractor

If you are an independent contractor you do not have an employer.  You have a client who is paying you and you are self-employed as far as the IRS is concerned.

If you have self-employment income for which you will pay self-employment tax for Social Security and Medicare,  you will need to use online Premium software or any version of the desktop software download so that you can prepare a Schedule C for your business expenses.

 

 

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

 

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

 

https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-self-empl...

 

 

If you live in a state with a state income tax, you might need to make estimated payments to your state.

 

https://turbotax.intuit.com/tax-tips/small-business-taxes/the-home-office-deduction/L1RZyYxzv

https://ttlc.intuit.com/turbotax-support/en-us/help-article/estimated-taxes/make-estimated-tax-payme...

 

 

https://turbotax.intuit.com/tax-tools/calculators/self-employed/

 

https://ttlc.intuit.com/community/business-taxes/discussion/self-employed-don-t-miss-these-tax-moves...

 

 

https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-schedule-...

 

https://ttlc.intuit.com/turbotax-support/en-us/help-article/payroll-additions-deductions/qualify-qua...

 

https://ttlc.intuit.com/turbotax-support/en-us/help-article/self-employment-taxes/self-employed-expe...

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Can I please get assistance with inputting my 1099-NEC that I got from an employer? When I tried filling it out, it came through as "self-employed", but I am a contractor

Thank you. I filled out as Self-employed but It was looking like I owned the business. Thanks for the links. I'll go through it again and just follow the steps under the Self-employement section I guess.

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