Get your taxes done using TurboTax

Did you receive a 1099-NEC in 2021?  

Starting in tax year 2020, the IRS reinstated Form 1099-NEC to report nonemployee compensation that used to be reported on box 7 of the 1099-MISC form.

Box 7 no longer reports nonemployment compensation now that the 1099-NEC form is being used. The 1099-MISC is mostly used for miscellaneous income like rent or royalties.

You'll get a 1099-NEC if you:

• Worked as a contractor or freelancer
• Were paid for your self-employed goods or services
• Previously received these payments on a 1099-MISC

To enter your 1099-NEC in TurboTax:

1. Sign in and open or continue your return
2. Search for 1099-NEC and select the Jump to link
3. Answer the questions and continue through to enter the information from your form
   • If you have multiple 1099-NECs to enter, you can select +Add Another 1099-NEC on the 1099-NEC Summary screen

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.

To Amend your return from a prior year if you used TurboTax Online last year:

1. Sign in to TurboTax
2. On the home screen, scroll down to Your tax returns & documents and select the year you want to amend
3. Select Amend (change) return, then Amend using TurboTax Online
   • If you're told to amend your return via TurboTax Desktop, follow the steps for TurboTax CD/Download below instead
4. On the screen OK, let's get a kickstart on your amended return, select the reason(s) you're amending and Continue
5. When you reach Here's the info for your amended federal return, select Start next to the info you need to change
6. Continue through the screens, make the changes you need to make, and carefully answer the remaining questions to finish amending your return