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Get your taxes done using TurboTax
The 1099-NEC is not self-employed income for scholarship. You will want to enter the income and subtract the amount used on Qualified Education Expenses - Internal Revenue Service.
First you will enter the 1099-NEC as sporadic or hobby income rather than self-employed. Follow these steps:
- Open your return to the federal income section
- Select income from Form 1099-NEC
- Enter the information from your form
- Continue
- Describe the reason
- Continue
- Does one of these uncommon situations apply?
- Select not earned, sporadic, hobby - the screenshots different -
- online, select hobby
- desktop chooses sporadic
- Continue
- See the NEC summary
- Done
Second, remove the qualified expenses.
- Open to federal income
- Locate Miscellaneous Income, 1099-A, 1099-C, Start
- Scroll to the bottom
- Other reportable income, Start
- Other taxable income?
- Select YES
- Description 1099-NEC for education expenses
- Amount, enter your negative amount, use a minus sign in front.
- Continue
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‎April 2, 2025
11:22 AM