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Level 1
March 2, 2026
Solved

1099-NEC from Field Comp

Used to work with Aflac, and I received a 1099-NEC as a referral perk or “field comp” from a new agents’ work. I can’t finish filing because I have left questions blank that do not apply to me, such as the business name, accounting method, principle business code, and state ID, and similar questions. How should I fill these in since my “self employment” doesn’t fit most questions?

    DavidD66Answer
    Alumni - Intuit
    March 2, 2026

    You were paid as an independent contractor so you have to report the income as self-employment as if you were operating a business.  For Business Name you just enter your name or your initials followed by "Referrals" or whatever you want.  For accounting method, select "Cash".  The program has a look up for Business Code. The program will guide you through all of these.  Don't over think it, go with the simple answer.   

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    1 reply

    DavidD66Answer
    Alumni - Intuit
    March 2, 2026

    You were paid as an independent contractor so you have to report the income as self-employment as if you were operating a business.  For Business Name you just enter your name or your initials followed by "Referrals" or whatever you want.  For accounting method, select "Cash".  The program has a look up for Business Code. The program will guide you through all of these.  Don't over think it, go with the simple answer.   

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"