If you received a Form 1099-MISC Miscellaneous Income instead of a Form W-2 Wage and Tax Statement, the income you received is considered nonemployee compensation or self-employment income. You need to complete Schedule C Profit or Loss From Business (or Schedule F Profit or Loss From Farming) in the TaxAct program, and then enter your Form 1099-MISC information. You will also need to complete Schedule SE Self-Employment Tax in the TaxAct program.
If you need help completing the form or schedules:
Determining self-employed status:
You don’t have to be a business owner to be treated as a self-employed worker. Self-employed status means that the company or individual you worked for didn’t withhold income tax or Social Security and Medicare tax. Go to our Employee or Independent Contractor FAQ for more information.
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the document at the time it is accessed.