You'll need to sign in or create an account to connect with an expert.
A 1099 NEC is for "Non-Employee Compensation". You are not part of the company. The easiest way to describe it would be that you were a hired contractor.
Yes, you actively participated in your own business. You are the owner of your own self employment business. You are in business for yourself. Use your own info. The people or company that pays you is your customer or client. You need to fill out schedule C for self employment business income. You are considered to have your own business for it. YOU are the business.
As you actually did the work for which you were paid, you actively participated in the operation, no matter how many hours you spent on this work.
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.
alyssamccoy
New Member
EmotionalFriend
Level 2
pinkstarevents7
New Member
Kas11027
New Member
delasalasg
New Member