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s.crain3578
New Member

Why does it keep saying I need to review Schedule C: 1099-NEC when I didn't list one this year?

I filed a 1099-NEC last year, but didn't receive that type of income this year so I do not need to file that form. I directed TurboTax to remove those forms when prompted at the start of my return, that W-2 is not listed in the wages
1 Best answer

Accepted Solutions
LinaJ2020
Expert Alumni

Why does it keep saying I need to review Schedule C: 1099-NEC when I didn't list one this year?

If you did not receive a Form 1099-NEC in 2020, you can simply remove it from the program.  Here are the steps:

 

In TurboTax online version:

 

1.  Sign into your account, select Pick up where you left off

2.  Select Tax Tools, click on the drop down arrow

3.  Select Tools

4.  Under Other helpful links, choose Delete a form

5.  Select Delete next to the form 1099-NEC and Continue with My Return

 

Beginning with the 2020 tax year, the IRS will require business taxpayers to report nonemployee compensation on the new Form 1099-NEC instead of on Form 1099-MISC. Businesses will need to use this form if they made payments totaling $600 or more to a nonemployee, such as an independent contractor.  This was done to help clarify the separate filing deadlines on Form 1099-MISC and the new 1099-NEC form will be used starting with the 2020 tax year.

 

 

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1 Reply
LinaJ2020
Expert Alumni

Why does it keep saying I need to review Schedule C: 1099-NEC when I didn't list one this year?

If you did not receive a Form 1099-NEC in 2020, you can simply remove it from the program.  Here are the steps:

 

In TurboTax online version:

 

1.  Sign into your account, select Pick up where you left off

2.  Select Tax Tools, click on the drop down arrow

3.  Select Tools

4.  Under Other helpful links, choose Delete a form

5.  Select Delete next to the form 1099-NEC and Continue with My Return

 

Beginning with the 2020 tax year, the IRS will require business taxpayers to report nonemployee compensation on the new Form 1099-NEC instead of on Form 1099-MISC. Businesses will need to use this form if they made payments totaling $600 or more to a nonemployee, such as an independent contractor.  This was done to help clarify the separate filing deadlines on Form 1099-MISC and the new 1099-NEC form will be used starting with the 2020 tax year.

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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