Want a Bigger Refund? Check Out Above-the-Line Deductions
The standard deduction has been almost doubled this year, and above-the-line deductions stack!
ReadUpdated for filing 2021 tax returns
If you received a 1099-NEC from a client, keep it for your tax records. When you file your tax return for the year, use it to fill out a Schedule C—we'll walk you through it!
If you need to send a 1099-NEC to an independent contractor, the IRS has instructions for filling out a 1099-NEC on their website.
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