Get your taxes done using TurboTax

Yes, but you can file the return now.  Here is how to do it. 

1. Go to federal>income and expenses>all income>>show more 
2. Other common income> Start
3. Form 1099-NEC,>start
4. After entering the 1099, it will ask the reason for it, say real estate commission rebate
5. Does one of these uncommon situations apply say This is not money earned as an employee or self-employed individual, it is from a sporadic activity or hobby (this is not common).  
6. This will report as other income on line 8Z in Schedule 1 and not as self employed income.

Now we need to exclude this income, and this is how.

1. Go to federal>income and expenses>all income>>show more 
2. Less Common Income> Start
3. Miscellaneous Income,>start
4. Other reportable income>start
5. Next screen asks Any Other Taxable Income>yes
6. The next screen will allow you to report the income with a brief explanation.
7. Under description, Enter 1099 NEC income already reported that is Real Estate Commission Rebates, which is excluded Income. Then enter the amount of the 1099 NEC as negative number. 
8. this will now appear in line 8Z in Schedule 1 as a negative number that offsets the original 1099 NEC income reported.

@KC444