The Complete Guide: Filing Taxes As An Independent Contractor (1099 Worker)
For tax purposes, the IRS treats independent contractors as self-employed individuals. That means you’re subject to a different set of tax payment and filing rules than employees. What Is An Independent Contractor? Since you are not an employee of any business, the IRS views independent contractors as self-employed. As an independent contractor, you can operate as a sole proprietor, a limited liability company (LLC), or an S-corporation. The key characteristic of an independe