Investors & landlords

In TurboTax Self-employed Online, create a self-employment activity, then add the 1099-NEC income and business expense.

Follow these steps:

• Down the left side of the screen, click on Federal.
• Down the left side of the screen, click on Wages and Income.
• Scroll down to Self-employment.  Click Show more.
• Click on Start / Edit/Add to the right of Self-employment income and expenses.
• You will go through several screens that create your self-employment activity.
• If you arrive at the screen Your self-employed work summary, click Edit to the right of the activity.
• At the screen Here's your info, scroll down to income and click Add income for this work.
• This is where you will enter the 1099-NEC income information.
• At the screen Here's your info, scroll down the expenses and click Add expenses for this work.
• Follow the directions to enter the expense.

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