Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
thixotropical
New Member

I get paid as an independent contractor using my name not my business name is this considered personal or business income? How do I file this income?

I work as a massage therapist and have my own business name, but I also work for another massage company and get paid as an independent contractor using my personal name not my business name. Would my income as an IC be considered business income or personal? What is the proper way to file this income?

1 Best answer

Accepted Solutions
cameaf
Level 5

I get paid as an independent contractor using my name not my business name is this considered personal or business income? How do I file this income?

It would be considered business/self-employment income. You would file this income on Schedule C the same way as you treat the income received in your business name (as long as your business in Sole-Proprietor or LLC). 

If you have self-employment income, follow the steps below to enter your income. 

  • Type “1099-misc” in the search box (located in the upper right hand corner)
  • Select the “Jump to 1099-MISC” link.
  • This will take you to the 1099-MISC screen.
  • Enter the information from your 1099

https://ttlc.intuit.com/replies/4770594

View solution in original post

1 Reply
cameaf
Level 5

I get paid as an independent contractor using my name not my business name is this considered personal or business income? How do I file this income?

It would be considered business/self-employment income. You would file this income on Schedule C the same way as you treat the income received in your business name (as long as your business in Sole-Proprietor or LLC). 

If you have self-employment income, follow the steps below to enter your income. 

  • Type “1099-misc” in the search box (located in the upper right hand corner)
  • Select the “Jump to 1099-MISC” link.
  • This will take you to the 1099-MISC screen.
  • Enter the information from your 1099

https://ttlc.intuit.com/replies/4770594

Dynamic AdsDynamic Ads
Privacy Settings
v