Without a Form 1099-NEC, you can simply enter information under Schedule C section. Here are the steps:
In TurboTax online,
- Sign into your account, select Pick up where you left off
- From the upper right menu, select Search and type in schedule c and Enter
- Select the Jump to schedule c
- Next screen, "Your 2020 work summary" under your self employed business, select Review
- Continue to enter related expenses and other required information
When you received a nonemployee compensation, the IRS treats you as self employed and requires you to pay self employment taxes. The net profit amount will show on line 8 of your Schedule 1 and Form 1040.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
