I have, or at least Turbo Tax completed Schedule C using the 1099 NECs that I have. I am doing everything the same way I did it last year. I realize that my NEC status screws up our end picture, but it did not seem to do that last year. Comparing hubby's W2 he made over $5,500 more but his Federal income tax withheld was only $466 more than 2022. That isn't much of a difference to me, but I have no idea how federal income taxes are calculated.
When my husband made $100K (more income = more tax) I had only the smaller NEC from a board stipend, so I assume it didn't make a big dent in the overall picture. My NEC is now more, and my hubby makes less, so I will assume that is the reason we owe. Sadly, I took the NEC job for my family member because my husband switched careers and took a major pay cut. My job allows me to care for my dad, and earn a small income, but clearly, that is biting us in the ass.
