The 1099-NEC form specifically reports Non-employee 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 1099-NEC in TurboTax:
- Sign in and open or continue your return
- Search for 1099-NEC and select the Jump to link
- 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.
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