My employer is claiming my childcare services and did not give me a W2 or 1099. My earnings for the year were around $3,500. I do not have any expenses or deductions to add. My dad is claiming me as a dependent. Do I need to file? If so what form do I need?
Yes, you need to file. The IRS considers you self-employed (Independent Contractor) and requires you to file a Schedule C, Profit of Loss From Business, for any amount $400 or over. You will not be able to use the Free Edition and will be asked to upgrade.
The IRS considers you self-employed and have your own business if:
When you have self-employment income, the IRS:
If your self-employment income was from cash or personal checks or credit card payments:
1. Type “Sch C” in the Search box.
2. Click on “Jump to” link.
3. This will take you to where you can enter any cash, personal checks or credit card payments (Form 1099-K) related to your self-employment.
4. You may be asked some general questions about your business.
5. After you answer them, you’ll be taken to the Your XXX Business screen where you can enter this income as Additional Income under Business Income.
If you received a 1099-MISC for your self-employed income:
1. Type “1099-misc” in the Search box.
2. Click on “Jump to” link.
3. This will take you directly to the section where you can enter your 1099-MISC.
4. You’ll also be able to enter any cash, personal checks or credit card payments (Form 1099-K) related to your self-employment.
Related Information:
Hi,
I babysitted my very first grandson time to time in 2019 and received about $5000.
How can I add this income for the tax return?
That is self employment income.
You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version.
How to enter income from Self Employment