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tammy21
Returning Member

After i put in the 1099-nec and now its asking me to describe the reason for this 1099-nec why is it asking me this

 
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3 Replies
KrisD15
Expert Alumni

After i put in the 1099-nec and now its asking me to describe the reason for this 1099-nec why is it asking me this

Form 1099-NEC is only to be used for Self-Employed individuals. 

Self-Employed Taxpayers file Schedule C as part of their Federal return.  

If you do not have Schedule C started, the program is wondering what the 1099-NEC is reporting. 

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tammy21
Returning Member

After i put in the 1099-nec and now its asking me to describe the reason for this 1099-nec why is it asking me this

undersand that but thats what they sent me so i put it like this what should i do 

DMarkM1
Expert Alumni

After i put in the 1099-nec and now its asking me to describe the reason for this 1099-nec why is it asking me this

Typically a 1099-NEC is issued for a taxpayer who performed a service for the payer but was not an employee of the payer.  That generally means the payee/taxpayer is self-employed and the income should be reported on a Schedule C. 

 

In some very special circumstances a 1099-NEC may be issued for a reason other than working for the payer to earn income.   To help determine if you fall into one of the special circumstances you should answer the questions posed by TurboTax to help get the income properly reported on your return.  

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