RayW7
Expert Alumni

Get your taxes done using TurboTax

The “general rule” is that business owners must issue a Form 1099-NEC to each person to whom you have paid at least $600 in rents, services (including parts and materials), prizes and awards, or other income payments. 

 

You most likely will not receive a 1099-NEC, so delete the current information and enter the income as show below.

 

If you did not receive a 1099-misc or 1099-MISC,  then you can report this as miscellaneous income.

Select Federal TaxesWages & IncomeI'll Choose What to Work On

Scroll to Less Common Income, and select Miscellaneous Income, 1099-A, 1099-C

Select Other Income not already reported on For W-2 or for 1099

Select Yes

Continue until you see Any Other Earned Income, and select yes, now on the next screen select other

 

Complete the information