You got a 1099. Now what?

En palabras sencillas

Check the payer, your name and taxpayer ID, and the amount. If something is wrong, ask the payer for a corrected form.

Report the income on your return even if a form never arrives. Contractor income usually goes on Schedule C, with self-employment tax on Schedule SE.

Because no tax was withheld, you may need to make estimated tax payments during the year.