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Get your taxes done using TurboTax
I received compensation from my auto insurance (Progressive) for lost wages after a car accident. It was for $1000. I have received a Form 1099 NEC which when inputting this into Turbo tax leads me into "self employment" type questions. This income was not for self employment. So I don't know how to answer the questions. Turbo tax then lead me down a path of business loss and form 8582. I must have answered a question wrong. Should Progressive have sent me a 1099 MISC instead of the NEC? How do I go about claiming this "income" on my taxes???
March 6, 2023
8:50 AM