1099-NEC Archives

Knott Learning

Make Money on Fiverr – How to Report on Your Form 1040 Tax Return

Many individuals and businesses use Fiverr to find work. Those earnings are generally taxable for U.S. persons and should be reported on their income tax return. This article and video discusses those reporting options.

Jason Knott2024-07-10T19:39:16+00:00Tags: 1099-NEC, Form 1040, Form 1099-NEC, Nonemployee Compensation, Schedule C, Self-Employed Taxes|

Where to Report IRS Form 1099-NEC on Your Taxes?

The IRS Form 1099-NEC is filed by a business to report nonemployee compensation paid to a contractor. This article and video tutorial cover where taxpayers can report that information on their income tax return.

Jason Knott2024-07-15T19:55:08+00:00Tags: 1099-NEC, Form 1040, Individual Taxes, Nonemployee Compensation, Schedule C|

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