Do I have to pay SE tax for 2023 contest winnings included on 1099-NEC ("Misc")? The IRS is asking for clarification on this $5,818. $5k won in a drawing, $818 bonus.
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Do I have to pay SE tax for 2023 contest winnings included on 1099-NEC ("Misc")? The IRS is asking for clarification on this $5,818. $5k won in a drawing, $818 bonus.
Are 2023 contest winnings reported on a 1099-NEC Labled "Misc" subject to SE tax?
posted
2 weeks ago
last updated
May 02, 20258:10 PM
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Do I have to pay SE tax for 2023 contest winnings included on 1099-NEC ("Misc")? The IRS is asking for clarification on this $5,818. $5k won in a drawing, $818 bonus.