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Business & farm
Let's try to enter the 1099-NEC this way:
In TurboTax online,
- Open your tax return, select Pick up where you left off
- From the upper right menu, select Search and type in 1099nec and Enter
- Select the Jump to 1099nec
- Follow prompts
Then
- From the upper right menu, select Search and type in schedule c and Enter
- Select the Jump to schedule c
- Next screen, "Your 2020 work summary" under your self employed business, select Review
- Continue to enter related expenses and other required information
The net profit amount will show on line 8 of Schedule 1 and Form 1040.
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‎February 24, 2021
7:08 PM