TAX QUESTION : I made a website to make money. I got 3 1099-MISC forms sent to me, which form do I use?

Kenji4861

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Jan 28, 2001
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I got 3 - 1099-MISC forms and a very small W-2 form ($20). Which form is right for me?

Can I just enter all this with my 1040EZ? or Would it go under 1040SE (self-employment)? I'm a 21 year old student. I don't know if that makes any difference. Thanks for any advice!
 

allisolm

Elite Member
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Jan 2, 2001
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From this page of irs.gov. Hope it helps.

"I received a Form 1099-MISC from a company that paid all employees this way. Will my income go on line 21 of Form 1040 as Other Income or on Schedule C?


Since your income was reported to you on a Form 1099-MISC, the company has treated you as an independent contractor and your income is treated as self-employment income. You will need to report that income, and any related expenses, on Form 1040, SCHEDULE C, Profit or Loss from Business, or you may qualify to use Form 1040, SCHEDULE C-EZ, Net Profit from Business. You will also need to use Form 1040, SCHEDULE SE, Self-Employment Tax, to compute and report your social security and Medicare tax, if you had net earnings from self-employment of $400 or more. You may also need to make quarterly estimated tax payments. You would use Form 1040-ES, Estimated Tax for Individuals, for this. "