Taxpayer received an unexpected 1099-NEC for $1250 for filling out surveys and responding to questions on the User Interviews website. Taxpayer considers this to be a hobby or pastime and does not consider it a business or any form of self-employment. In the past, he would have received a
1099-MISC and simply reported this as "Other Income". Because this is now sent out as a 1099-NEC instead of a 1099-MISC, will the IRS presume this is for self-employment income and require payment of self-employment tax? Can he basically treat this as a 1099-MISC and report it as "Other Income" as he did in the past?- posted
1 year ago