The process is the same whether it is a 1099-nec or 1099-misc for self-employment income. Non-employee compensation should be reported on form 1099-NEC. But you should enter it as a 1099-misc unless the issuer gives you a corrected form. TurboTax will treat it correctly and transfer the income to Schedule C. TurboTax will ask all the business set-up questions no matter if it is a 1099-nec or 1099-misc, because it is self-employment income. As @DianeW777 stated above,
The name of the business would be your wife's name and the address would be your home address, even though she may be going to the travel agency to do the work. There is no separate tax ID aside from her social security number (SSN). An entry is not required for that, unless she actually had one. There is no need for one unless your wife was planning to hire employees herself.
** You use only her personal information, not the company that pays her. She is the business owner and those paying her are her clients/customers. Once you set up the Schedule C business information, you will be able to link all 1099s to that business, so you only answer the set-up questions ONCE, and then you can link as many 1099s to that business schedule C as you need to.
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