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Entered 1099-NEC, but didn't result in SE form
I am helping a friend with her taxes. She received a 1099-NEC which we entered. We answered No to the question of "No, I don't have any expenses related to this income" because she has no expenses. When selecting this option, I notice that there are no self-employment taxes reflected in her tax return. Is this correct? If I enter "Yes, I have expenses to deduct", then it calculates SE taxes owed. But, she doesn't have any expenses to deduct. Is this a bug with TurboTax? Will it result in incorrect taxes if she selects "No, I don't have any expenses related to this income"? Please advise.
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‎April 18, 2021
5:33 PM