i'm just trying to find where i put my 1099 nec info from the company who issued it to me. All i'm getting is info as if i'm the owner

Forum|Forum|1 year ago
February 17, 2025
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AmyC

Employee

If you worked somewhere as a contractor, you were given money with no taxes withheld - no Medicare, no Social Security, nothing. You must pay those taxes. As a w2 employee, the employee pays half and the employer pays half. As a contractor, you pay it all. The way to pay this tax is to file a Sch C and you are the business owner for what you did to earn that income. See:

On the other hand, maybe you have a job and they gave you this in addition to a w2. Then select the box under uncommon situations that this money should have been on your w2.

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knthomas623Author

I understand what my position is what I’m asking is where do I input the information from the company that sent me the 1099 NEC is asking me for information as if I’m the business I am not where do I put in the TIN numbers and how much I was paid for the job this is what I need to know.

JamesG1

For what reason did the company pay you money in 2024? That may help clarify your question.

@AmyC is correct. The IRS presumes that 1099-NEC income is self-employment income that is subject to:

Self-employment income computed on Schedule SE. as well as
Income tax computed on IRS Form 1040.

Income on IRS form 1099-NEC not reported to the IRS will likely prompt an inquiry from the IRS.

IRS Instructions for Forms 1099-MISC and 1099-NEC, page 7 states:

Specific Instructions for Form 1099-NEC

File Form 1099-NEC, Nonemployee Compensation, for each person in the course of your business to whom you have paid the following during the year. At least $600 in: