SharonD007
Employee Tax Expert

Self employed

It depends on the amount of income that your son received on his 1099-NEC.  If the amount of income is at least $400, then he has to file a tax return. 

 

Refer to the TurboTax Help article Tax Filing Requirements for Children for additional information.

 

If your son has to file a tax return, when completing his taxes, make sure that he enters that he can be claimed as a dependent on someone else’s tax return. ‌ Refer to the TurboTax article: How do I indicate that I can be claimed as a dependent on someone else's return?

 

To enter his 1099-NEC, follow the steps below. His income will be reported on a Schedule C as the IRS considers that he is self-employed.

 

  1. Launch TurboTax
  2. Select  Wages and income
  3. Select Self-Employment Schedule C:1099-NEC
  4. Answer Yes on the next screen - Did you have any self-employment income or expenses?
  5. Answer the questions on each screen, when you get to the screen - Let's enter the income for your work, select Form 1099-NEC, for nonemployee compensation
  6. Scroll through the screens to enter the information.

 

For additional information, refer to the TurboTax article How to File Taxes with IRS Form 1099-NEC.

@Khail 

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