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Get your taxes done using TurboTax
Thanks, @jay_chumley . Is the double-click option functional? Can you double-click on the words "Schedule C" to link it?
What I get from this is that you haven't yet set up your "Business" that is specific to this 1099-NEC income. The instructions on that page tell you to go to the "Federal" tab, then "Income and Expenses", then "Income from 1099-NEC" to properly set up this business in the TT program.
Is this 1099-NEC (since it's new this year) for income that you formerly had a Schedule C for, but that the income was reported on a 1099-MISC?
*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
‎February 1, 2021
11:52 AM