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onigami
New Member

Reporting independent contracting income from a foreign company

So I worked for a company based outside the United States as an independent contractor in the United States. Because they're based outside the United States, my understanding is they're not obligated to submit Form 1099-MISC. How would I address the lack of this form in filing my tax return?
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2 Replies
Coleen3
Intuit Alumni

Reporting independent contracting income from a foreign company

You do not need a 1099-Misc to report self-employment income bu you do need to keep track of it yourself. To enter the income follow these steps:

  • On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
  • This opens a box where you can type in “self-employment income” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
  • The search results will give you an option to “Jump to self-employment income"
  • Click on the blue “Jump to self-employment income” link
  • At this point, you can Edit the business that you have already entered, or click the Add Another Business link to enter information for a new business
  • Edit the Business Income section to see options for entering General Income
  • Under the General Income section, you can enter a Description and Amount for your income

 

cristimelnic1
Returning Member

Reporting independent contracting income from a foreign company

Hi , I am seeking a help . 

I will join an overseas company as a contractor . I'm based in Charlotte NC and I will be performing the job in US and outside US . The company will pay me net amount /monthly basis . Then, I am responsible for all deductions : taxes, health, rent , etc 

 

please help me understand how taxes will be paid . I need details . 

Thank you , 

 

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