Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 1
posted Apr 7, 2024 11:57:05 AM

1099-NEC - how to enter for retiree benefit

I received a 1099-NEC for a retiree benefit. Since non of the available health insurance plans met my needs, my prior employer provides a monthly amount to offset my private premiums. None of the options provided in the software are correct (self employment, farm, hobby, lawsuit, medicaid difficulty of care, should have been on a W-2). How do I enter this income?

0 1 1077
1 Replies
Level 1
Apr 11, 2024 1:29:12 PM

I was able to select it as "hobby" income. The software took me through and placed it in the return correctly.