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If you did work as an independent contractor and got a 1099-MISC, you do own a business. You are the business. You are in business for yourself, or self-employed. Those are all different terms for the same thing. The company that you did the work for is your customer. You enter the 1099-MISC income as business income. You use your own name as your business name, and your home address as your business address. You use the cash accounting method.
If you did work as an independent contractor and got a 1099-MISC, you do own a business. You are the business. You are in business for yourself, or self-employed. Those are all different terms for the same thing. The company that you did the work for is your customer. You enter the 1099-MISC income as business income. You use your own name as your business name, and your home address as your business address. You use the cash accounting method.
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