No, this is not where you will put this information. If using Turbo Tax online, perform these steps.
- Log into Turbo Tax
- Go to federal>wages and income>Self-Employment>show more
- Self-employment income and expenses>start or revisit
- Answer the questions regarding your contract work to build a business profile.
- Once you answered the questions, you will be taken to a screen that says let's Enter the income for your Work
- Check the box that says Form 1099-NEC, new IRS form for nonemployee compensation (replaces 1099-MISC)
- Now you can begin entering income and expenses for your work
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