NEC stands for Non-Employee Compensation. That just means your daughter did (contract) work for a company but wasn't their employee. My wife buys essential oils and has people signed up under her, so she gets income from sales and a Form 1099-NEC from the essential oils company. This is considered a business by the IRS. The name of the "business" doesn't matter. I just call it "Health Products Distributor". Turbotax just needs a name to associate with each form 1099-NEC that you have. It will fill out a Schedule SE for your daughter's self employment income and whatever other forms it needs. Just make up business names that describe the type of work she did. It will ask you all the questions it needs to in order to process these properly. I hope this helps!
