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May 18, 2022
Question

How do I file my 1099-Nec that I got from a previous employer I worked for because it's asking if I own the business when in reality I don't?

  • May 18, 2022
  • 1 reply
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1 reply

macuser_22
May 18, 2022

A 1099-NEC reports self-employed income.  That is  considered to be your own business and not an employee who would receive a W-2.    In this case you are your own employer and are contracting you services to another  business. 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**