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Form 1099-NEC Income

I'm using TurboTax Desktop and when I enter and submit Form 1099-NEC for independent contract work, nothing shows up in the summary table.  Is there a problem with the software that needs to be fixed?

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1 Reply
DavidD66
Employee Tax Expert

Form 1099-NEC Income

Do you have a business set-up in TurboTax that the 1099-NEC is linked to?  The 1099-NEC has to flow to a Schedule C (Form 1040), Profit or Loss from Business (Sole Proprietorship) in order for the income to show up anywhere.  If you haven't set up your business yet see the following:

 

To set up a Schedule C business in TurboTax, go to Federal, select Wages & Income, and find Business Income and Expenses (Sch C) under "Self-employment".  The program will guide you through the process.

 

 

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