1099 misc

Forum|Forum|6 years ago
March 18, 2020
1 reply
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I received a 1099 Misc for $600 of income as a substitute teacher. Why do I have to fill out a schedule c with it? The turbo tax program seems to be making me associate the 1099 misc with a business I own but I don't own a business; it was a company called Tagg education that I was employed through that issued me the 1099 misc instead of a w2

DavidD66

You were working as an independent contractor, which means you were self-employed as far as that income goes. As a result, you have to report that income on Schedule C.

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xmasbaby0

Employee

You may not have any expenses to enter on a Schedule C since you were a substitute teacher. and would not have been buying classroom supplies, etc. (Did you buy any books to take to school with you to use as read alouds, etc.?)

But since you have self-employment income reported on that 1099Misc you are subject to self-employment tax for Social Security and Medicare. The school did not withhold those and pay the employer's part so you have to pay all of it--15.3% of your earnings.

https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922

https://ttlc.intuit.com/questions/2902389-why-am-i-paying-self-employment-tax

https://ttlc.intuit.com/questions/2893392-where-do-i-enter-a-1099-misc

https://ttlc.intuit.com/questions/3398950-what-self-employed-expenses-can-i-deduct

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**