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Get your taxes done using TurboTax
Hi,
I was in a clinical trial and received a 1099-NEC for my compensation ($720). Reading this thread, I understand this to be subject to income tax but not self employment. However, when I enter the 1099-NEC in the software, it gets pushed to a Schedule C which makes it subject to self employment taxes which doesn't seem right. Any suggestions how to proceed?
Thanks in advance.
‎February 23, 2021
7:05 PM