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Level 1
posted Apr 13, 2022 2:11:18 PM

TurboTax Desktop is making me file the wrong form?

I'm trying to file for 2020 and i recieved a 1099-NEC but TurboTax Desktop is trying to make me fill out a form as a sole proprietor as if this is my actual business; i just worked for the company. Smart check says i have 20 entries to review but I dont have half the information it expects me to have and im not about to claim to own the company

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1 Best answer
Expert Alumni
Apr 13, 2022 2:23:14 PM

The company was treating you like a contractor, which is self employment.  Income reported on a 1099-NEC is Non-Employee Compensation.  It is reported on Schedule C - Self-Employment income and expenses.  You will also be able to deduct any expenses you had for that "business".  So, if effect, did have a business,

1 Replies
Expert Alumni
Apr 13, 2022 2:23:14 PM

The company was treating you like a contractor, which is self employment.  Income reported on a 1099-NEC is Non-Employee Compensation.  It is reported on Schedule C - Self-Employment income and expenses.  You will also be able to deduct any expenses you had for that "business".  So, if effect, did have a business,