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Yes. If you have a 1099-NEC, you are considered to be self-employed even if you don't have a business and will need to file a Schedule C.
To enter your self-employment income click the following:
In the expense section, you may be able to reduce your income if you had to drive different places or buy materials or items for your work.
This income will be reported on Schedule C which is part of your overall tax return. This also means you will be subject to SE Tax. If you did not pay SE Taxes in 2023, and if you plan to do this again in 2024, it may be a good idea to make quarterly estimated payments to cover your SE taxes of 15.3% and avoid penalties.
Taking Business Expense Deductions
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