Yes, you can nominee this income to its proper recipient. In Home and Business, create a Schedule C and enter the income. Then, as a miscellaneous deduction, indicate to whom you wish to nominee the income.
If you're self-employed, it's likely you need to fill out an IRS Schedule C to report how much money you made or lost in your business.
We'll automatically complete Schedule C for you when you add your self-employment income in TurboTax (usually Form 1099-NEC or 1099-MISC). It gets attached to your Form 1040, which we'll also handle for you.
If you need Schedule C to report a 1099-NEC or 1099-MISC, search for 1099-NEC or 1099-misc and select the Jump to link. We'll ask questions to find out if your 1099 income needs to go on Schedule C.
