Thank you for your comments.
I received a 1099 from Schwab that included contract fees from 2 investments during 2022. I also received and reported similar 1099-MISC fees on my 2021 return. I was surprised that the 1099-MISC income in 2022 was treated as non-employee income when I filled out my 2022 return. On this return, I had originally marked that I received similar income in 2021 (which I had). 2022 TurboTax then treated this income as non-employee income that is now reported on form 1099-NEC, a new 2022 tax form generated by 2022 tax law changes. That resulted in TurboTax calculating Self Employment tax on this reported 1099-MISC income on my 2022 return which I knew was not correct.
The first person who responded to my issue said I should just not note that I had not received similar income in 2021. I made this change and 2022 TurboTax no longer applied Self-employment tax on the 1099-MISC income similar to my 2021 return. I may not have been clear on my original question but I was concerned that TurboTax was incorrectly applying the Self Employment tax to this income.
Omitting the entry that I had similar income in 2021 fixed the problem but it concerned me that I was now not filling out the tax return correctly. I did not know whether the 2022 TurboTax program should be updated to correct this issue.
