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Get your taxes done using TurboTax

The 1099-NEC income is reported on schedule C, but the question may be whether or not you should have received a 1099-NEC or 1099-MISC. 

 

Specific Instructions for Form 1099-NEC

File Form 1099-NEC, Nonemployee Compensation (NEC), for each person in the course of your business to whom you have paid the following during the year:

  • At least $600 in:

  • Services performed by someone who is not your employee (including parts and materials) (box 1);

  1. Cash payments for fish (or other aquatic life) you purchase from anyone engaged in the trade or business of catching fish (box 1); or

  2. Payments to an attorney (box 1). (See Payments to attorneys, later.)

 

Answers are correct to the best of my ability but do not constitute legal or tax advice.
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