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June 6, 2019
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Why am i self employed i worked for a company in colorado and received a 1099 misc but am not se

  • June 6, 2019
  • 2 replies
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Best answer by AnnetteB6

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

AnnetteB6Answer
June 6, 2019

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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Employee
June 6, 2019

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