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February 18, 2025
Question

Am I considered to be self-employed if I received Nonemployee Compensation as a retiree in the form of stock awards?

  • February 18, 2025
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    1 reply

    February 18, 2025

    No, that would not be considered self-employment income since you are not providing goods or services for compensation.

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    February 18, 2025

    The only other option in Turbo Tax that might apply is "Income that should've been reported on a W-2." Since I received a stock award and dividends as part of my compensation after my retirement, should a W-2 have been issued or a different type of 1099 form?

    February 18, 2025

    Yes, the value of the stock awards should have been reported as wage income on a W-2 form.

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