What option do I select for this question? Since I have a 1099-MISC from my contract work form item C there are 5 options. . .which do I choose?
I just want to make sure I am choosing the right option.
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Since you received a 1099-Misc and say it is for your contract work, it sounds as if you are self employed. In this case you need to file a schedule C. This is where you will report your income and all expenses associated with earning that income.
To file a Schedule C, here are the steps:
That didnt answer my question. I still dont know what to click
Form 2106 is for employee expenses if you get a W2 which have been suspended and are not deductible now. If you have 1099NEC or 1099Misc self employment income and expenses those go on Schedule C.
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