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New Member
posted Feb 24, 2026 7:28:45 AM

1099Nec. box 1 total compensation includes my tips.

were do I subtract my tips?

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1 Replies
Employee Tax Expert
Feb 24, 2026 8:42:12 AM

When you are entering your income for self employment, TurboTax will ask if any of that income includes tips. The tips must be included in a Form 1099-K, 1099-MISC, or 1099-NEC.  After you enter your form there is a question that will ask for the amount of tips that were included.  

 

Guidance for Individual Taxpayers who received Qualified Tips or Qualified Overtime Compensation in 2025