595643
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This income will be subject to Self Employment Tax if this income is earned in a similar capacity to your regular line of work and you expect to receive it in the future.
If this is income that has nothing to do with your normal job and that was a one time situation, then you do not have to pay Self Employment Tax on it.
When you enter Form 1099-MISC into TurboTax, the software will ask you questions regarding these two issues.
This income will be subject to Self Employment Tax if this income is earned in a similar capacity to your regular line of work and you expect to receive it in the future.
If this is income that has nothing to do with your normal job and that was a one time situation, then you do not have to pay Self Employment Tax on it.
When you enter Form 1099-MISC into TurboTax, the software will ask you questions regarding these two issues.
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