- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
For earned income from a 1099-NEC, how do I select earned, not unearned? It shows up on form 1040-SR, Line 12 as earned income over $750 but is checked no instead of yes.
There is no place on the online TurboTax Delux to state whether the 1099-NEC income was earned or unearned. It seems that the automatic entry is unearned which causes an error when this income is put into the roth-ira since that income must be earned. I need to classify my 1099-NEC income as earned to prevent this since my work was independent contractor work.
Topics:
‎February 2, 2021
10:12 AM