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New Member
posted Jun 6, 2019 1:25:46 AM

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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1 Best answer
Intuit Alumni
Jun 6, 2019 1:25:48 AM

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


2 Replies
Intuit Alumni
Jun 6, 2019 1:25:48 AM

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


New Member
Jun 6, 2019 1:25:51 AM

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