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February 10, 2025
Question

My 1099 is paid time off. How do I avoid paying self employment tax on it?

  • February 10, 2025
  • 1 reply
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    1 reply

    AmyC
    February 10, 2025

    Follow these steps:

    1. Log in to your return.
    2. Go to income
    3. Scroll down to Other Common Income
    4. Select Income from 1099-MISC
    5. Edit/ Start/ Revisit
    6. Enter income -the income should be in box 3,
    7. Enter tax if any withheld in box 4
    8. Continue
    9. Describe the reason -
    10. continue
    11. None of these apply
    12. Continue
    13. Did this involve main job?
    14. No -this is for the worksheet to get the right answer despite it being your job
    15. Continue
    16. How often do you get?
    17. Got in 2024 - even if you receive this each year so the program won't think this is another job
    18. Continue
    19. Intent to earn money?
    20. No again, obviously you work for money but this needs to be no for the worksheets
    21. Continue
    22. Do you have another?
    23. No
    24. Continue
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