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Use Form 1099-NEC to report nonemployee compensation for services performed by someone who is not your employee.
To report 1099-NEC information into your self-employment activity:
Or
Your self-employment activity will be able to deduct ordinary and necessary business expenses against your self-employment income.
First you don't have an EMPLOYER ... you have a CLIENT who may have been treating you as a sub contractor and not as an employee to avoid having to pay their share of the FICA taxes, benefits and workman's comp.
If you should be considered an employee then you have rights and options ... read the IRS rules here: https://www.irs.gov/taxtopics/tc762
Although it may be news to you that you “have a business” (and most of the other people who get their first 1099-NEC); The IRS considers anything on a form 1099-NEC to be self employment income. Enter the 1099 income, at 1099-MISC and Other Common income / income from a 1099-NEC . TurboTax (TT) will complete Schedule C 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 $432. These types of payments are frequently done this way. Your "employer" is not the only one.
The IRS also considers undocumented cash income (no W-2 or 1099), for work performed, to be self employment income.
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