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-   -   1099 form (https://www.askmehelpdesk.com/showthread.php?t=312250)

  • Feb 2, 2009, 09:23 PM
    AJU9177
    1099 form
    What if I got a form 1099 nonemployee compensation for 2,000 do I owe that money?:(
  • Feb 2, 2009, 11:51 PM
    MukatA

    You are self employed or independent contractor. You must file your tax return if yourself employed income is $400 or more. You will report your income and expenses on schedule C or C-EZ (Form 1040). This income is subject to SE tax at 15.3%. Read: Your U.S. Tax Return: Tax Filing by Self Employed Sole Proprietor or Independent Contractor

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