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March 27, 2024
Question

Worked as a summer intern and employer provided Form 1099-NEC for the paid amount.The total income is less than $7000,it is showing tax due and How can i avoid this tax?

  • March 27, 2024
  • 1 reply
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1 reply

Employee
March 27, 2024

If you look at your return you will probably see that you owe no income tax. What you owe is self employment tax. You can avoid that by when you report your 1099-NEC say that you don’t have a business.