You'll need to sign in or create an account to connect with an expert.
You will need to enter the information in both Form 1099-NEC and Schedule C sections. You would start from the 1099-NEC section under "1099-MISC and Other Common Income". You would then follow prompts to tell the program you are filing a Schedule C. As it creates a Schedule C for you, you will need to go to the Schedule C portion separately to confirm your income amount, add related expenses and complete required information.
In TurboTax online, here are the steps:
Then
When you received a nonemployee compensation, the IRS treats you as self employed and requires you to pay self employment taxes. The net profit amount will show on line 8 of your Schedule 1 and Form 1040.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
AP916
Level 1
BeckyBoo123
Level 1
Hmurphy19
Level 1
juanagug7
Level 1
JAC27
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.