Soccer340
New Member

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.