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Get your taxes done using TurboTax
If this form does not apply to you, you can simply remove it from the program. Here are the steps:
In TurboTax online version:
1. Sign into your account, select Pick up where you left off
2. Select Tax Tools, click on the drop down arrow
3. Select Tools
4. Under Other helpful links, choose Delete a form
5. Select Delete next to Form 1099-NEC and Continue with My Return
One of the most common reasons you’d receive tax form 1099-NEC (Form 1099-MISC in prior years) is if you're self-employed or did work as an independent contractor during the previous year. The IRS refers to this as “nonemployee compensation.”
- In most circumstances, your clients are required to issue Form 1099-NEC when they pay you $600 or more in any year.
- As a self-employed person, you're required to report your self-employment income if the amount you receive from all sources totals $400 or more.
For more information, click here: 1099-NEC
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February 18, 2021
1:17 PM
3,747 Views