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Turbo tax says I am missing some info on my 1099-NEC forms. Both only include Box1, compensation and the payer and recipient TIN. I've checked this. What could be wrong>

I've triple-checked and don't understand what could be wrong.  I'm taking some deductions on one of the jobs, but they seem fine.
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1 Reply
LenaH
Employee Tax Expert

Turbo tax says I am missing some info on my 1099-NEC forms. Both only include Box1, compensation and the payer and recipient TIN. I've checked this. What could be wrong>

After you input your 1099-NEC, you must answer all of the questions after the input screen so it flows to your Schedule C (self-employment income). If it has not been assigned, TurboTax will give you an error message. 

 

To assign your 1099-NEC, please follow the steps below: 

  1. Open your return.
  2. Search for 1099-NEC with the magnifying glass tool at the top of the page.
  3. Click on the Jump to 1099-NEC link at the top of the search results. 
  4. Click Edit next to your 1099-NEC.
  5. On the page titled Guess what? You can deduct expenses for the example work choose Yes, I have expenses to deduct to assign this income to a Schedule C.
  6. On the page titled Self-employed 1099-NEC Income select the Schedule C you are inputting this income for. If this is a new Schedule C for this year, you can add a new business on this screen.
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