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Returning Member
posted Feb 22, 2021 10:05:58 AM

The 1099-NEC process isn't working. When I enter my 1099-NEC info, it brings me to a screen saying info is missing, but all is completed.

I've entered it on the Schedule C page so it is connected to the proper Schedule C but it doesn't like it. Something seems to be wrong.

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1 Replies
Expert Alumni
Feb 22, 2021 3:21:05 PM

This issue has been resolved.  Please click on the following link:

 

Why am I not able to link my 1099-NEC

 

One of the most common reasons you’d receive tax form 1099-NEC (Form 1099-MISC in prior years) is if you're self-employed or did work as an independent contractor during the previous year. The IRS refers to this as “nonemployee compensation.”

  • In most circumstances, your clients are required to issue Form 1099-NEC when they pay you $600 or more in any year.
  • As a self-employed person, you're required to report your self-employment income if the amount you receive from all sources totals $400 or more.

 

Your self-employment net profit will show on your Schedule 1 line 3 and line 8 of your Form 1040.