If you received a Form 1099MISC (prior to tax year ) with income reported in boxes 5, 6, or 7, or Form 1099NEC, box 1 (beginning with tax year ), you must report the income on a Schedule C To determine why you are required to file a Schedule C please click here If you were to just report the income as Other Income, the SocialYou reported the amount as gross income of a business on the federal Schedule C (Form 1040), Part I, line 7 Schedule CA (540NR), you will report the amount as wages on Part II, Section A, line 1, Column C You reported the amount as business income on federal Schedule 1 (Form 1040Schedule C is the form used to report income and expenses from selfemployment This can encompass owning a digital or brickandmortar small business, freelancing, contracting, and gig work such as rideshare driving If you receive a Form 1099MISC, 1099NEC, and/or 1099K, you are likely to have to report it on Schedule C along with other
1099 Nec Filing Due On Feb 1 21 Advisori Finance Cpas For Startups
