1099-NEC

Forum|Forum|3 years ago
February 14, 2023
1 reply
3 views

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

Level 15

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/00/26653

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/

**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.**

ldunkertAuthor

Level 2

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.