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1099 NEC for grant

I received grant money for child care and was given a 1099nec but the given  options for how I made them income on turbo tax don't apply the only options are self employment , farm income, Medicaid reimbursement and hobby I believe 

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1 Reply
SabrinaD2
Employee Tax Expert

1099 NEC for grant

Form 1099-NEC specifically reports Nonemployee Compensation, including grant funds received for child care.

 

To enter your Form 1099-NEC in TurboTax:

  1. Open or continue your return.
  2. Navigate to 1099-NEC:
    • TurboTax Online/Mobile: Go to 1099-NEC.
    • TurboTax Desktop: Search for 1099-NEC and select the Jump to link.
    • Select Self-Employment: Even though it might not seem like the perfect fit, select "Self-Employment." This is because the IRS treats 1099-NEC income as non-employee compensation, which typically falls under self-employment.  See the article here.
    • Next enter the amount from box 1. 
  • When you’re done, Turbo ask you a few questions and help you through entering any expenses you may have so that you can reduce your taxable income.

[Edited 02/22/2025|05:46 pm PST] @Panthermartin1

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