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Business & farm
Why would your fee be refunded? I know you said you thought this was a TurboTax error, but really it is not. Income reported on a 1099-NEC is typically reportable as Self-Employment. The NEC stands for Non-Employee Compensation.
The issuer of the form should have put it on a 1099-Misc in box 3 as other income.
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March 14, 2024
1:00 PM