I receive a 1099 NEC for compensation provided for serving on a Board of Directors. It is not one-off as I have served regularly on the Board since 2020. TurboTax is forcing me to create a business to account for this 1099 NEC. It then asks the question if income from the business is Qualifed Business Income. I believe it is because I operate the business in the US and I never worked as a W2 employee for the company that is paying me. Is there a way to confirm if income from serving on this board is QBI?
