Personal Finance & Money Asked by user3667089 on August 17, 2021
I’ve done freelance work online previously mainly for U.S. companies, and the tax forms were either 1099-MISC or 1099-NEC. 2020 was my first time doing freelance work online for foreign companies. Coincidently it seems like it was also their first time hiring US citizens to do work for them because when I ask them for the tax forms, they seem unsure about it. Can someone let me know what’s the right tax forms I should be expecting from them?
You probably won’t be getting any tax forms from them, but it doesn’t matter. Your business needs to declare all of its revenue, whether you get a 1099 or not.
Add in whatever they paid you in 2020 to the other freelance revenue you had when you do your taxes.
Correct answer by Ben Miller - Remember Monica on August 17, 2021
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