4/13/2023 0 Comments Download 1040 schedule cSpecifically, you must report your business income and related expenses on Schedule C, Profit or Loss from Business (Sole Proprietorship). However, Form 1040 includes additional requirements for 1099 contractors. 1099 contractors must use IRS Form 1040 to report income. Contractors don’t have an employer, so they’re responsible for paying taxes and reporting their income. For independent contractors, filing taxes is a little more complicated.
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