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I am a 1099-NEC worker, by I work solely for one company; must I file taxes as an independent contractor?
AI accountant’s answer:

Great question! You should probably check with a tax professional who has a sense of your full picture.

However, it might be worth checking with the company you work for to see if they should actually be paying you as a W-2 employee. Here are some tests to verify:

  1. Does the company have control of your work schedule?
  2. Does the company dictate how you complete the projects you do for them?
  3. Does the company disallow you from working for competitor companies?

If you check yes to some or all of those questions, the company you contract for might have you miscategorized as a 1099-NEC when you should be W-2.

No answer given yet!

Answer

Great question! You should probably check with a tax professional who has a sense of your full picture.

However, it might be worth checking with the company you work for to see if they should actually be paying you as a W-2 employee. Here are some tests to verify:

  1. Does the company have control of your work schedule?
  2. Does the company dictate how you complete the projects you do for them?
  3. Does the company disallow you from working for competitor companies?

If you check yes to some or all of those questions, the company you contract for might have you miscategorized as a 1099-NEC when you should be W-2.

No answer given yet!

Keeper Staff

Keeper is a delightfully smart tax filing software that's especially useful for people with 1099 contracting and freelance income. Our blog breaks down IRS guidance with real-world examples and analysis by tax professionals — empowering taxpayers to save money and take control of their finances.

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