No, you do not want sch C and self-employment tax. You want to enter the 1099-NEC:
under Other Common Income.
Select Add 1099-NEC and enter the information. If you upload, double check the entries.
Describe the reason, Retention Bonus, continue
Select This is not money earned as as employee. It is from a sporadic activity.
- It was not a regular payment, it was a one time event.
- This was a bonus to keep you as an employee - not part of your regular earnings.
This properly puts the money on line 8z of schedule 1.
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