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February 17, 2022

If you received form 1099-NEC, it generally means you're self-employed and have to file a Schedule C, Profit or Loss from Business. The IRS explains that, in general, you must report payments you make if they meet the following four conditions:

  1. The payment is made to someone who is not your employee
  2. The payment is made for services in the course of your trade or business
  3. The payment is made to an individual, partnership, estate, or corporation
  4. The payment total is at least $600 for the year.

To enter your 1099-NEC income, see What is a 1099-NEC? and scroll down for entry instructions. You'll be able to claim business expenses. See:

 

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