3186500
You'll need to sign in or create an account to connect with an expert.
Employers give you a W-2 to report your wages. If you receive a 1099 document for doing work, you are self-employed. Enter your 1099 and answer the questions in TurboTax.
Once you add your self-employment income and expenses in TurboTax, we'll generate a Schedule C.
How to add your self-employment income
Provide some more details if this doesn't answer your question.
If you received a 1099NEC, you are not an employee. You are an independent contractor who has a client.
You have self-employment income for which you will pay self-employment tax for Social Security and Medicare. You will need to use online Premium software or any version of the CD/download so that you can prepare a Schedule C for your business expenses.
https://ttlc.intuit.com/questions/2926899-how-does-my-side-job-affect-my-taxes
https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922
https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax
https://ttlc.intuit.com/questions/1901340-where-do-i-enter-schedule-c
https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct
https://blog.turbotax.intuit.com/self-employed/self-employed-tax-deductions-
calculator-2021-2022-50907/https://ttlc.intuit.com/questions/1901110-do-i-need-to-make-estimated-tax-payments-to-the-irs
https://turbotax.intuit.com/tax-tools/calculators/self-employed/
if you were an employee of X doing work for the 1099 issuer as an employee of X you should not have provided your SSN o EIN. This would also imply that payment went to X not to you.
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.
ajm2281
Returning Member
Lukas1994
Level 2
currib
New Member
adotschkal
Level 2
Th3turb0man
Level 1