1099-NEC — Nonemployee Compensation
For taxpayers with nonemployee compensation reported on a 1099-NEC, including freelance, contract, and independent contractor income.
This add-on applies when you received one or more Forms 1099-NEC. Upload every form received, including corrected forms, along with records of related income and expenses.
The reported amount generally represents gross compensation before business expenses. Your taxable net income may differ after the activity and applicable expenses are reviewed. Receiving Form 1099-NEC means the payer treated you as a nonemployee, but the form alone does not determine whether that classification was legally correct. Notify London’s Tax if the form is incorrect or you believe you should have been treated as an employee.
This is a form-based add-on charged in addition to your selected tax preparation base service fee. The displayed price reflects the service tier selected during purchase. This add-on is not a stand-alone tax preparation service.
Business income and expense reporting, multiple business activities, incomplete records, bookkeeping reconstruction, or worker-classification issues may require additional forms or services. London’s Tax will explain any revised scope and fee before proceeding.
This is a digitally delivered professional service. No physical product will be shipped. Your nonemployee compensation will be reviewed and reported as part of your primary tax preparation service.
Either party may cancel the engagement in writing. Fees for work already performed and any approved costs remain due.
