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New Member
posted Jun 18, 2020 5:20:51 PM

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

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1 Best answer
Level 15
Jun 18, 2020 5:51:35 PM

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/00/26653

1 Replies
Level 15
Jun 18, 2020 5:51:35 PM

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/00/26653