What's a 1099-NEC?
Form 1099-NEC specifically reports Nonemployee Compensation, which you may have gotten in previous years on a 1099-MISC. So, if you worked as a freelancer or contractor last year, you probably got a 1099-NEC reporting how much money you were paid in box 1.
To enter your Form 1099-NEC in TurboTax:
Navigate to 1099-NEC:
TurboTax Online/Mobile: Go to the 1099-NEC screen under Wages & Income.
TurboTax Desktop:
Go to Federal Taxes.
Go to Wages & Income.
If asked How do you want to enter…?, select I’ll choose what I work on.
Under 1099-MISC and Other Common Income, select Start or Update next to Income from Form 1099-NEC.
Follow the onscreen instructions. When you’re done, we’ll ask you a few questions and help you through entering any expenses you may have so that you can reduce your taxable income.
