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.

dwyer221b
New Member

I work a side job for a lady who is disabled. I get paid through her insurance company, but the checks don’t have tax taken out of them. How do I claim them?

 
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
AnnetteB6
Employee Tax Expert

I work a side job for a lady who is disabled. I get paid through her insurance company, but the checks don’t have tax taken out of them. How do I claim them?

Since taxes are not being taken out of your checks, you may receive a Form 1099-MISC from the insurance company to use to report your income.  If you do not receive a Form 1099-MISC for that income, keep your own records and enter the income as cash payments. 

 

Since taxes are not being taken out, you are being considered an independent contractor.   As such, you are considered self-employed in the eyes of the IRS and your income and expenses must be reported on Schedule C.  You are running your own business to provide your services. 

 

See the TurboTax articles below for more guidance:

 

Am I considered self-employed?

 

How do I report income from self-employment?

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
AnnetteB6
Employee Tax Expert

I work a side job for a lady who is disabled. I get paid through her insurance company, but the checks don’t have tax taken out of them. How do I claim them?

Since taxes are not being taken out of your checks, you may receive a Form 1099-MISC from the insurance company to use to report your income.  If you do not receive a Form 1099-MISC for that income, keep your own records and enter the income as cash payments. 

 

Since taxes are not being taken out, you are being considered an independent contractor.   As such, you are considered self-employed in the eyes of the IRS and your income and expenses must be reported on Schedule C.  You are running your own business to provide your services. 

 

See the TurboTax articles below for more guidance:

 

Am I considered self-employed?

 

How do I report income from self-employment?

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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