If you have already filed, you will not be able to get the discount, unfortunately.
Normally, taxpayer will start from their company website and follow a special link to file with TurboTax in order to get the discount.
One of the most common reasons you’d receive 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 “non employee 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.
Your self-employment net profit will show on your Schedule 1 line 3 and line 8 of your Form 1040.
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