It depends. If you received the 1099-Misc as part of your business doing surveys, the income is subject to self-employment tax regardless of whether the income is reported on Form 1099-Misc or 1099-NEC.
To report self-employment income:
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Your self-employment income and expenses will be entered in the Income and Expenses section under the federal taxes tab of TurboTax Online.
- After you sign in to your TurboTax account, open or continue your return
- Search for schedule c and select the Jump to link
- Answer Yes to Did you have any self-employment income or expenses? And answer the questions on the following screens regarding your business activity.
- When asked to enter your income, follow these steps:
- 1099-NEC - If you have a Form 1099-NEC, select and enter the information on the form
- Other self-employed income - Select and enter the total of the following:
- If you have a 1099-K, the amount in Box 1 Gross amount of payment//third party network transaction
- If you don't have a 1099-K or 1099-NEC, report your Gross Earnings amount.
You can also deduct related expenses from the self-employment income.
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