LinaJ2020
Expert Alumni

Get your taxes done using TurboTax

I will suggest you to delete Form 1099-NEC by following these 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 the form 1099-NEC and Continue with My Return

 

Beginning with the 2020 tax year, the IRS will require business taxpayers to report non-employee compensation on the new Form 1099-NEC instead of on Form 1099-MISC. Businesses will need to use this form if they made payments totaling $600 or more to a non-employee, such as an independent contractor.  This was done to help clarify the separate filing deadlines on Form 1099-MISC and the new 1099-NEC form will be used starting with the 2020 tax year.  If you received 1099-MISC, do not enter 1099-NEC. 

 

Most of the time, IRS treats taxpayers who receive a Form 1099-MISC as business-related thus self-employed.  It will show on line 8 of your Form 1040.  You are required to pay the self-employed taxes.  If you received this form only once in a while for some work unrelated to your main job, or if you receive it as an award or prize, you would not be treated as self--employed. 

 

 

 

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