rw2023
New Member

Investors & landlords

How about I receive 1099nec from my apartment? 

I received a $750 referral bonus from my apartment leasing office for referring a friend to rent, and they sent me a 1099-NEC form. After going through TurboTax, the final result shows that I owe $106 in taxes. I’m not sure if I entered something wrong—do I need to pay federal taxes on this?

The referral bonus was listed under "self-employment income." I believe the $106 is self-employment tax, but I want to make sure everything was filled out correctly. Could this amount be right, or should I review any particular section in TurboTax?