turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Need to enter 1099s

Said would do 1099s later but never gave option
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
GiseleD
Expert Alumni

Need to enter 1099s

If this 1099-S is for the sale of your primary home, it’s reported under Less Common Income in the Wages & Income section. Here's how to enter the form:

  • Open or continue your return.
  • Type sale of home in the Search box.
  • Select the Jump to link in the search results.
  • Follow the screens to enter the info from your 1099-S.

Profits of up to $250,000 ($500,000 on a joint return) on the sale of your home may not be taxable if it was your primary residence for two of the last five years. We’ll ask you some questions about the sale of your home to see if you qualify.

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

Need to enter 1099s

I need to know how to send out 1099 to my contractors 

MinhT1
Expert Alumni

Need to enter 1099s

If you paid an independent contractor more than $600 during tax year 2021, you are required to provide them with a form 1099-NEC and file these forms with the IRS by January 31, 2022.

 

You can use TurboTax Self-Employed to prepare and e-file forms W-2 and 1099-NEC.

 

To prepare forms W-2 and 1099-NEC, follow these steps:

 

  1. Sign out of your account and sign in again.
  2. On the landing page, click on the down arrow next to Your account then click on  Create W2s and 1099s.
  3. You will be taken to the TurboTax Quick Employer Forms (QEF) website.
  4. Sign in with your TurboTax username and password. If you do not have an account, click Create Account to create a new account. Note carefully the username and password as you need then if you need to retrieve the forms later.
  5. After signing in, click on Create New Form
  6. On the next page, choose the type of forms you wish to prepare then click Continue to begin entering information for your forms.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question