turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I got a 1099 misc from my full time employer for a side job I do in the winter.

It keeps thinking I'm self employeed but it is extra income due to being subcontracted. It brings me to a form where I don't seem to have all the info. It will not let me file as is. Thanks!
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I got a 1099 misc from my full time employer for a side job I do in the winter.

The IRS considers anything in box 7 of 1099-MISC to be self employment income. Enter the 1099-Misc income, at Other Common income / income from a 1099-MISC . TurboTax (TT) will complete Schedule C or C-EZ for you and allow you to deduct any expenses associated with this income. You'll also have to pay self employment tax (social security & Medicare) on any profits greater than $400. 

If the side job is unrelated to your regular work, then  These types of payments are frequently done this way. Your "employer" is not the only one. 

View solution in original post

2 Replies
Carl
Level 15

I got a 1099 misc from my full time employer for a side job I do in the winter.

If the income is reported in box 7 of the 1099-MISC, then it's self-employment income and must be reported as such on SCH C as a part of your personal 1040 tax return.

I got a 1099 misc from my full time employer for a side job I do in the winter.

The IRS considers anything in box 7 of 1099-MISC to be self employment income. Enter the 1099-Misc income, at Other Common income / income from a 1099-MISC . TurboTax (TT) will complete Schedule C or C-EZ for you and allow you to deduct any expenses associated with this income. You'll also have to pay self employment tax (social security & Medicare) on any profits greater than $400. 

If the side job is unrelated to your regular work, then  These types of payments are frequently done this way. Your "employer" is not the only one. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question