- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
@ SAmd_Prince wrote:In 1099 NEC form, I have PAYER’S TIN but in turbotax is asks about "Employer ID Number (EIN)". are they the same thing?
My second question is the turbo tax also asks about the adress for the bussines, and in my 1099 NEC form, I have "PAYER’S name, street address, city or town, state or province, country, ZIP
or foreign postal code, and telephone no." shoudl i adress of this payer's name rather than my home adress?
A Payer's TIN is often an EIN used interchangeably. TIN is just generic "Taxpayer Identification Number." You can use the Payer's TIN in an EIN field.
As for the second question, I'm sorry but I don't know the context of the screen you are on. what exactly it asks for, and what the preceding screen was. When I enter a test 1099-NEC in Online TurboTax I don't even get asked anything at all about an address--I only get asked about the Payer name and EIN, and the boxes on the 1099-NEC. I don't know if you are using Online TurboTax or desktop TurboTax, but if you're using desktop TurboTax, I don't know what you encounter while entering a 1099-NEC.
However, are you sure you are entering the 1099-NEC in the correct place? Hopefully you are not trying to enter it in the W-2 section by mistake.