---
title: What does it mean to be a Freelancer? (1099 contractor)
url: "https://raise.jobs/docs/what-does-it-mean-to-be-a-freelancer-1099-contractor/"
updated: "2025-03-25"
category: Frequently Asked Questions
---

# What does it mean to be a Freelancer? (1099 contractor)

Being a freelancer (a “1099” contractor) means that you are already self-employed and providing services to Raise.

As a freelancer, you will provide Raise with applicable tax forms during onboarding and are responsible for managing your own services, including tracking your income and expenses.

This classification impacts:

- **Tax Withholding**: Unlike W2 employees, taxes are not automatically withheld from your payments.
  - You are responsible for paying your own taxes such as federal, state, and possibly local taxes.
  - You will complete a Form W-9 during onboarding. 
- **Social Security and Medicare**: You are responsible for contributions to Social Security and Medicare payments
- **Year-End Tax Forms**: At the end of the year, you will receive a 1099-NEC form from Raise if you earn $600 or more during the tax year. 

**Year-End Tax Forms**: 

- If you are a US Citizen, at the end of the year, you will receive a From 1099-NEC from Raise if you earn $600 or more during the tax year. 
- If you are not a US Citizen, you will receive a Form 1042-S if you had taxes withheld on your payments.