1099-NEC Is nonemployee compensation considered qualified business income?

Hi! I am a grant writer/fundraising specialist. I am an independent contractor working for a special needs school district. Does my nonemployee compensation reported to me on my 1099-NEC count as qualified business income? I would appreciate any guidance. Thank you.

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1099-NEC Is nonemployee compensation considered qualified business income?

Yes, it does. TurboTax will calculate that automatically from your input on your Sch C.

1099-NEC Is nonemployee compensation considered qualified business income?

Thanks so much!

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