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How do I find out if I filed the right form on turboTax for my 1099NEC

 
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2 Replies
pk
Level 15
Level 15

How do I find out if I filed the right form on turboTax for my 1099NEC

@Tasharuss35 , generally you would have filed Schedule-C for your earnings reported on 1099-NEC  ( Non-Employee Compensation).  You also would have filed Schedule-SE for the SECA taxes ( equivalent to the full FICA -- no sharing with the employer and therefore at 15.3% of  about 92% of the net income from   your Schedule -C.)

 

Is there more I can do for you ?

JamesG1
Expert Alumni

How do I find out if I filed the right form on turboTax for my 1099NEC

The IRS presumes that income reported on an IRS 1099-NEC to be self-employment income subject to both income tax and self-employment tax.

 

The IRS expects the income to be reported on Schedule C Profit or Loss from Business.

 

This IRS publication, page 10 states: 

 

Self-employment tax 

 

Generally, amounts paid to individuals that are reportable in box 1 are subject to self-employment tax. 

 

@Tasharuss35 


 

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