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Get your taxes done using TurboTax
Enter the Payer's TIN in the State Payer's state no. box.
The 1099-NEC form specifically reports Nonemployee Compensation which you may have gotten in previous years on a 1099-MISC. So, if you worked as a freelancer or contractor last year, you probably got a 1099-NEC reporting how much money you were paid in box 1.
You'll be able to deduct business expenses related to the self-employment income.
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February 15, 2021
6:02 AM