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The last step would be signing the return. When self-preparing your taxes and filing electronically, you must sign and validate your electronic tax return by entering your prior-year Adjusted Gross Income (AGI) or your prior-year Self-Select PIN (Personal Identification Number). You should provide your email address so you can be notified of the status of your e-filed return. Signing your return using Self-Select PIN is the simplest and fastest way to submit your signature. You do not need to mail in a paper signature, and you receive an immediate acknowledgement that your tax return was received. Learn more about self-selecting a PIN by visiting the IRS Web site. Now click the Next button to finish filing filing your return. |
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Using Form 1099-NEC to Complete Schedule C, Schedule SE, and Form 1040
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You are a full-time high school student. After school and on weekends, you provide lawn care services for your neighbors and for a local business. You are not an employee. You are correctly classified as an independent contractor. Your parents are very generous—they let you borrow their lawnmower. You buy the gasoline for the lawnmower. It's the last day of the year. You earned $650.00 for mowing lawns for your neighbors. You earned $900.00 for mowing the lawn for the local gas station. You received Form 1099-NEC from the owners of the gas station, showing the amount you were paid. To review your personal information, click My Profile. |
"Review the Scenario
Information using
My Profile"
~Tina the Tax Tutor
