ThomasM125
Employee Tax Expert

Retirement tax questions

Form 1099-NEC is used to report non-employee compensation. If the income being reported to you is not compensation and is not taxable, then it should not be reported on that form. So, TurboTax is probably reporting the income correctly based on the form that it is reported on.

 

It is possible that the income reported to you should be reported on a form 1099-MISC, but we would need to know more about the income to be more specific. 

 

 

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