You'll need to sign in or create an account to connect with an expert.
As long as you have kept detailed records of your income and expenses, you should be fine. Self-Employment income is business income. So if you have self-employment income (1099-MISC income with amounts in Box 7), it will show up as business income.
As long as you have kept detailed records of your income and expenses, you should be fine. Self-Employment income is business income. So if you have self-employment income (1099-MISC income with amounts in Box 7), it will show up as business income.
Yes, I have all the documentation. The wording of the paperwork just scared me a bit. I agree and thought the same thing as you said but again just wanted to make sure. Thank you for the reassurance and the very prompt response Dawn!!
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
striola
Level 2
striola
Level 2
PCMarmot
Level 3
Kawicc
Returning Member
RL1500
Level 2