Solved: Can I enter 1099-NEC with Premier version?
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Can I enter 1099-NEC with Premier version?

 
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Employee Tax Expert

Can I enter 1099-NEC with Premier version?

Yes, you can enter Form 1099-NEC and the associated Schedule C if you are using the CD/downloaded version of TurboTax Premier.  You can also use the Premier version of TurboTax Online if you do not have any expenses to claim on the Schedule C.  Otherwise, if you are also claiming business expenses, then the Self-Employed version of TurboTax Online or one of the CD/downloaded versions of the program must be used.

 

Since the income reported on Form 1099-NEC is self-employment or 'non-employee compensation' it must be associated with a Schedule C, even if there are no expenses being claimed.   To do this within TurboTax, you should start with the Schedule C and then include the Form 1099-NEC as part of the income associated with the self-employed business.

 

 

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Employee Tax Expert

Can I enter 1099-NEC with Premier version?

Yes, you can enter Form 1099-NEC and the associated Schedule C if you are using the CD/downloaded version of TurboTax Premier.  You can also use the Premier version of TurboTax Online if you do not have any expenses to claim on the Schedule C.  Otherwise, if you are also claiming business expenses, then the Self-Employed version of TurboTax Online or one of the CD/downloaded versions of the program must be used.

 

Since the income reported on Form 1099-NEC is self-employment or 'non-employee compensation' it must be associated with a Schedule C, even if there are no expenses being claimed.   To do this within TurboTax, you should start with the Schedule C and then include the Form 1099-NEC as part of the income associated with the self-employed business.

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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