turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Using TT Download for Windows for 2021. I enter amount for 1099-NEC. But the Summary in TT or the 1040 forms mode, show different lower. amt. Why?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

Using TT Download for Windows for 2021. I enter amount for 1099-NEC. But the Summary in TT or the 1040 forms mode, show different lower. amt. Why?

Exactly where does it show a lower amount?  The gross 1099NEC amount should be on Schedule C line 1.  Then the Net Profit or loss from Schedule C line 31 shows up on Schedule 1 line 3 which goes to 1040 line 8.  Switch to Forms mode and open Schedule C to check your entries.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies