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Not my buisness,employer 1099 me ,what do i do?

 
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3 Replies
DawnC
Expert Alumni

Not my buisness,employer 1099 me ,what do i do?

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

 

Self-Employment deductions

 

Provide some more details if this doesn't answer your question.  

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Not my buisness,employer 1099 me ,what do i do?

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/turbotax-support/en-us/help-article/form-1099-nec/1099-nec/L5qTsBiSe_US_en_U...

 

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

 

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/

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Not my buisness,employer 1099 me ,what do i do?

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.   

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