Hello,
I have entered my 1099-NEC forms, and it does not appear to be generating an amount for taxes owed on this independent contractor income. Is there something wrong with the TurboTax software? The summary page reads "$0.00" as the taxable amount.
You'll need to sign in or create an account to connect with an expert.
Can you clarify if you entered your Schedule C Self-employment information and expenses? If you just entered the 1099-NEC, you must go back and enter the business information and expenses. @Liz_Wilson
After spending 90 minutes on the phone with an Intuit customer service representative and an engineer, we all learned that the amount of income from 1099-NEC, despite being entered correctly, is not accounted for in the NEC form area. Instead, the income appears under business income. Thank you everyone for your time and advice.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
tsbennett67
New Member
Catman
New Member
caliGator
Returning Member
dannott104
Level 1
user17729075426
New Member