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Business & farm
It sounds like you are using TurboTax Home & Business. After you open your return, follow these steps:
- Click on Business >> Continue >> I'll choose what I work on.
- Under Business Income and Expenses, click Update beside Profit or Loss from Business.
- Click Edit beside the name of the business you need to work on (if you have only one business, you may skip this step).
- Click Start beside General Business Information.
- On the page "Let's confirm your business info," click Edit beside Business Name.
- If you don't use your own name for your business, click the button for "My business has a different name from my own" and type your business name in the box.
- Under Business description, enter the nickname for your business. This will be used in menus and other pages, but not on your Schedule C.
- Continue back to the Business Info page and click Continue at the bottom.
To review the entries made for Form 1099-NEC:
- Click Update beside Business Income, then Update beside 1099-NEC Income. Your income from each source should appear next to the source name (1099-MISC, General Income, etc.).
- Click the name on the 1099-NEC you wish to review, then click Edit.
- Your entry for "Who Paid You?" should be the name of the company that sent you the 1099-NEC. What you enter here will not change your business name or appear anywhere on Schedule C.
- Continue on until you are back on your Business summary page. Your total Business income should appear on this page.
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March 28, 2022
6:58 AM