Question

Qualified Business

Forum|Forum|6 years ago
March 31, 2020
1 reply
0 views

I worked an an independent contractor as a software programmer/developer for a Canadian based company and I did not receive a 1099-MISC from them. I am based in the United States, so is this type of business service considered a Qualifed Business? Can I claim the Qualified Business Income deduction?

Thanks!

M

MinhT1

Yes, this income is self-employed income and you are eligible for the QBI deduction.

You just report the income you received in cash, checks or bank transfers or without a 1099-MISC as self-employed income under Other self-employed income.

In business income, just under Type of Income, click on Add Income for this work
On the next page, click on the radio button next to Other Self-employed Income
Click Continue to enter your income received in cash, checks or bank transfers.

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