How am I able to calculate my write off expenses as an independent contractor who:
1)did not receive a 1099 – NEC because I made less than $600
2)unable to connect my checking account to TurboTax to automatically calculate for me
3)I kept no records of my expenses and unable to reference my 1099-NEC for info because again, I did not receive one.
You don't need a 1099-nec to report self-employment income - How do I report income from self-employment? You can use the cash/check entry to report self-employment income that you did not get a tax form for.
What self-employed expenses can I deduct?
You can deduct expenses that are related to the self-employment income you report on Schedule C.
You don't need to get a 1099NEC or 1099Misc or 1099K. Even if you did you can enter all your income as Cash. Only the total goes to schedule C.
How to enter income from Self Employment
You really need to keep good records of your income and expenses. How to enter self employment expenses
Here is some IRS reading material……
IRS information on Self Employment
http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Self-Employed-Individuals-Tax-Center
Pulication 334, Tax Guide for Small Business
http://www.irs.gov/pub/irs-pdf/p334.pdf
Publication 535 Business Expenses
http://www.irs.gov/pub/irs-pdf/p535.pdf
Turbo Tax Self Employed Tax Hub
https://turbotax.intuit.com/personal-taxes/self-employment-taxes
Turbo Tax Self Employment info
https://turbotax.intuit.com/tax-tips/self-employment-taxes/beginners-tax-guide-for-the-self-employed...