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johnimack
New Member

Why am i self employed i worked for a company in colorado and received a 1099 misc but am not se

 
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AnnetteB
Intuit Alumni

Why am i self employed i worked for a company in colorado and received a 1099 misc but am not se

In the eyes of the IRS, when your compensation is reported on a Form 1099-MISC, you are considered self-employed.  You need to report your income and expenses on Schedule C.

https://ttlc.intuit.com/replies/4771022


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2 Replies
AnnetteB
Intuit Alumni

Why am i self employed i worked for a company in colorado and received a 1099 misc but am not se

In the eyes of the IRS, when your compensation is reported on a Form 1099-MISC, you are considered self-employed.  You need to report your income and expenses on Schedule C.

https://ttlc.intuit.com/replies/4771022


Patrice
New Member

Why am i self employed i worked for a company in colorado and received a 1099 misc but am not se

If your Form 1099-MISC shows an amount in Box 7 for nonemployee compensation and it’s because you did consulting work or other services for someone, based on IRS regulation, you DO now "have a business and are considered self-employed!

https://ttlc.intuit.com/replies/4770969

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