1099-NEC

[ldunkert]

I received a 1099-NEC from a company, I was not employee but they gave me a job to do 1 time. I had a full time job with a different company at the time. Now I need to file this. I do not have my own business and never did. Does that make me an Independent Contractor? I have to report this on my taxes, but I don't know how. Can someone help me with this. 

[xmasbaby0]

The IRS considers you to be an independent contractor since you did not have tax, Social Security or Medicare withheld from your pay, so you have to pay self-employment tax now.   You need to use the online Self-Employed software or any version of the CD/download for that.   All of your income goes on the same tax return including your W-2 income.

https://ttlc.intuit.com/questions/2926899-how-does-my-side-job-affect-my-taxes

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/questions/2902389-why-am-i-paying-self-employment-tax

https://ttlc.intuit.com/questions/1901340-where-do-i-enter-schedule-c

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

https://ttlc.intuit.com/questions/1901110-do-i-need-to-make-estimated-tax-payments-to-the-irs

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

[ldunkert]

I have purchased turbo tax deluxe.  I do not have a business, it was a 1 time thing. Can't  I put it somewhere for personal income? I can't fill in business address or anything, because I am not a business.

[ldunkert]

I have purchased turbo tax deluxe.  I do not have a business, it was a 1 time thing. Can't  I put it somewhere for personal income? I can't fill in business address or anything, because I am not a business.

[xmasbaby0]

You use your own address.  Sorry.  This is confusing to many people the first time they have to enter self-employment income.  You have to prepare a Schedule C for your business expenses.  You can only do that in onlne Self-Employed or by using any version of the CD/download, which has all of the forms and schedules.