Internal Revenue Service United States Department of the Treasury
Module 14: Self-Employment Income and the Self-Employment Tax

Page 20 of 38

Sim 14B: Using Form 1099-NEC to Complete Schedule C, Schedule SE, and Form 1040


You have receipts for all of the business expenses.

  • Gas and oil for the lawnmower: $290.00
  • Bag of cleaning cloths: $10.00
  • Flyers to advertise the business: $25.00
  • Notebook to track business income and expenses: $6.00
  • Book of receipts to give to customers: $8.00

You received Form 1099-NEC from the gas station.

To review your Form 1099-NEC, click My Form 1099-NEC.

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Simulation