PattiF
Expert Alumni

Get your taxes done using TurboTax

You can enter the 1099-NEC so that it is not self-employment income.

 

 To exempt your 1099-NEC from self-employment tax and Schedule C:

  • In Wages & Income
  • Other Common Income
  • Select Income from a 1099-NEC
  • Select Add a 1099-NEC on Do You Want to Enter Your 1099-NECs Now?
  • Enter your information. Continue.
  • Fill in why you received the 1099-NEC in Describe the reason for this 1099-NEC. Continue.
  • On the screen  Does one of these uncommon situations apply? Click on the box This was money from a lawsuit settlement

 

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