June 5, 2019 2:54 PM
last updated June 05, 2019 2:54 PM
I have already submitted my return and just received notice from the IRS that I may be subject to self-employment tax. I receive a commission payment monthly, but it is from a one time referral to a company. I did receive a 1099-MISC (non-employee compensation) from that company. I am not sure as to how I should respond back to the IRS. I looked at schedule SE and it seems as though it wouldn't apply to my current situation.
June 5, 2019 2:55 PM
You actually submitted a tax return, not a refund, to the IRS. Any amounts reported to the IRS on 1099-MISC are usually subject to self-employment tax. How you are paid or what generated the payment is irrelevant. If you don't assess yourself the tax IRS will do it for you & send you a bill.