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Self employed
You can't enter a 1099-NEC in TurboTax without it going to business or rental income. You can report it as a 1099-MISC, however, you will likely receive an IRS inquiry. Who gave you the 1099-NEC (non-employee compensation) and what was it for? If you were trying to earn money, it is self-employment even if sporadic. @zqwtax88.
Self-Employment income should be reported on Schedule C - directions here. When you report income on Schedule C, you can lower that income (and tax) by deducting expenses. If you report the income as hobby income - you cannot deduct any expenses and will likely pay more in tax because of that.
Hobby Income can be reported in Miscellaneous Income, which is the last item in Less Common Income.
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March 28, 2022
9:49 PM