Business & farm

If you are referring to some sort of automatic transfer to TurboTax, then it will not do so.

 

Regardless, if you are preparing a tax reporting statement for amounts you paid to an independent contractor (nonemployee compensation) in 2020, you should be preparing Form 1099-NEC.

 

See https://www.irs.gov/instructions/i1099msc

View solution in original post