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Get your taxes done using TurboTax
You need to identify the 1099-NEC as income that should have been reported on a W-2.
You will need to delete your entry and enter it again in order to report your 1099-NEC correctly. Please follow these steps to do this:
- Within your return in TurboTax Online search for Schedule C.
- Click the Jump to Schedule C link in the search results.
- If you get to a self-employment summary screen, delete the self-employment income line with the trash can icon.
- If you get to the question Did you have any self-employment income or expenses? answer No.
- Click on Tax Tools on the left side of the screen.
- Click on Delete a Form.
- Scroll down to your Schedule C and Schedule SE and click Delete if they are still there.
- Search for 1099-NEC and select the Jump to link.
- Enter your 1099-NEC according to the form you received and click Continue.
- On the Describe the reason... screen enter "Award/Bonus"
- Choose XXX employer reported this extra money on a 1099-NEC but it should have been reported on a W-2 and click Continue.
- On the Filing Form 8919 screen click None of the Above (because your 1099-NEC and W-2 are not from the same company) and click Continue.
- Continue through the interview and follow the instructions.
You will need to file Form SS-8 according to the instructions separately from your tax return.
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March 19, 2022
10:05 AM
1,248 Views