Uploaded on May 12, 2023
File Form 1099 MISC with Form 1099 Online an IRS-authorized e-file provider. Our e-filing services are available 24*7 to provide completely US-based customer support. File 1099 MISC: https://www.form1099online.com/1099-forms/1099-misc-form/
1099 MISC Form - Fillable Tax Form 1099 MISC - 1099 service providers
What if I received a 1099
MISC but I am not self-
employed?
www.form1099online.com
● If you are considered as an independent contractor,
then you will get 1099 MISC if the payments made
for rent, royalties, prizes or rewards, etc.
● For self-employed individuals, there will be Social Security
and Medical payment taxes on the 1099 income earned.
When you earn non-employee compensation reported on
1099 NEC, the IRS treats it as self-employment income.
● Hence, you may end up paying Social Security and
Medicare taxes.
● So, if you receive 1099 MISC reporting amounts in
box 1 or 3, you don’t have to worry about the self-
employment taxes. Because the rent goes on
Schedule E and the other income on line 21 of
Form 1040.
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