Retirement tax questions

These re the only fields that need to be completed on the 1099-NEC

 

The EIN or SSN and the name of the person or company who paid you

The amount in Box 1

The reason for the NEC amount in Box 1

 

In TurboTax Deluxe - step by step 

  • Search for 1099-NEC
  • Jump to 1099-NEC
  • Go through the questions
  • Then go to Forms mode and look at 1099-NEC
  • Only one box should now have an X in the Box 1 section
  • Make sure that EIN or SSN, Payer's Name, Amount, and correct reason for the 1099-NEC are checked

This should remove the error.

 

 

 





@RSM123