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nileslo
New Member

Why am I paying self-employment tax on a 1099-MISC form that my employer gave me?

 
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VolvoGirl
Level 15

Why am I paying self-employment tax on a 1099-MISC form that my employer gave me?

Did you also get a W2?  If you only got a 1099Misc you are an independent contractor and not an employee. You are self employed.

 

To report your self employment income you will fill out schedule C in your personal 1040 tax return and pay SE self employment Tax.  You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version.  How to enter self employment income

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

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1 Reply
VolvoGirl
Level 15

Why am I paying self-employment tax on a 1099-MISC form that my employer gave me?

Did you also get a W2?  If you only got a 1099Misc you are an independent contractor and not an employee. You are self employed.

 

To report your self employment income you will fill out schedule C in your personal 1040 tax return and pay SE self employment Tax.  You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version.  How to enter self employment income

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

View solution in original post

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