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

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

BB2
New Member

I have a W2 (from a regular full time job) and a 1099-Misc (from outside consulting work). Do I report the 1099-Misc as self-employment income or Other Common Income?

I don't know if having a W2 and being considered "Self-employed" are mutually exclusive in the context of filing a 1099-Misc.  There seems to be two categories for 1099-Misc: Self-employment Income and Other Common Income.
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 have a W2 (from a regular full time job) and a 1099-Misc (from outside consulting work). Do I report the 1099-Misc as self-employment income or Other Common Income?

It depends on what box is completed on your 1099MISC. If box 7 is completed you would be considered self-employed and should report it as self-employment income.

View solution in original post

2 Replies

I have a W2 (from a regular full time job) and a 1099-Misc (from outside consulting work). Do I report the 1099-Misc as self-employment income or Other Common Income?

It depends on what box is completed on your 1099MISC. If box 7 is completed you would be considered self-employed and should report it as self-employment income.

BB2
New Member

I have a W2 (from a regular full time job) and a 1099-Misc (from outside consulting work). Do I report the 1099-Misc as self-employment income or Other Common Income?

Thanks so much Sheryl!
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies