LinaJ2020
Expert Alumni

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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