Get your taxes done using TurboTax

Yes, you need to enter the 1099-NEC, but no you do not need to pay self-employment taxes on it. 

The income is not classified as business income.  

You should enter it in personal income under Other Common Income>>1099-NEC.  If you entered it here just go back and select the pencil so you can edit the answer to the question following the entry. 

After you enter the 1099-NEC you will be asked if any of these uncommon situations apply?  Select this is not money earned as an employee or self-employed individual.  It is from a sporadic activity or hobby. This answer does not go to the IRS, instead it tells TurboTax where to send you next and how to classify the income.  This will let the income not be taxed as Self-Employment income.