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How to enter 1099 misc but don't own the business

Trying to file my 1099 but I'm not sure I'm in the right place. I don't know the business codes. Just my own expenses for the year
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1 Best answer

Accepted Solutions
WillK
Intuit Alumni

How to enter 1099 misc but don't own the business

Since you received a 1099-MISC with income in box 7, the IRS considers you an independent contractor, or self-employed. You would report your business income and expenses on a Schedule C. Turbo Tax Self-employed would be the best product for you to use. It will walk you through how to report your business income and expenses. 

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13 Replies
WillK
Intuit Alumni

How to enter 1099 misc but don't own the business

Are you an independent contractor?
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How to enter 1099 misc but don't own the business

I have a payer and a pin#
WillK
Intuit Alumni

How to enter 1099 misc but don't own the business

Why did you get a 1099? Is there income in box 7?
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How to enter 1099 misc but don't own the business

Always get one but the first time to file without h&r block. And yes box 7 only
WillK
Intuit Alumni

How to enter 1099 misc but don't own the business

Okay see the response below
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How to enter 1099 misc but don't own the business

Ok Thank you. Before I file do i need to have all the expenses seperated. Travel, tools, gas, etc.

How to enter 1099 misc but don't own the business

And when I enter payers information and the amount it shows up. But it shows his name and the amount twice. Is that normal. Or should I delete the 2nd one
WillK
Intuit Alumni

How to enter 1099 misc but don't own the business

Yes you need to have all the expenses separated into categories. If he only sent you one 1099 then delete the extra one off, he he sent you more than one then you should enter them in separately.
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How to enter 1099 misc but don't own the business

ohio deferred comp
WillK
Intuit Alumni

How to enter 1099 misc but don't own the business

Since you received a 1099-MISC with income in box 7, the IRS considers you an independent contractor, or self-employed. You would report your business income and expenses on a Schedule C. Turbo Tax Self-employed would be the best product for you to use. It will walk you through how to report your business income and expenses. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
maggiev15
New Member

How to enter 1099 misc but don't own the business

My husband is a professional BB and I pay for the expenses of travel and lodge. If he makes a win than we can claim this to be taxed. Other wise all out of pocket and nothing to claim as of now.

How to enter 1099 misc but don't own the business

Im a professional hot dog eater i love them weiners how can i write that down for this shit?
wilkinsrb
Returning Member

How to enter 1099 misc but don't own the business

for the job I was working at.   there is income in box 7... so do I get anything back from that

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