Why is Turbo Tax asking to double click "Schedule C" on a 1099-NEC. What is this for since there is not a Schedule C box on the 1099-NEC?

[imradioashley]

This didn't work. I already had my 1099-NEC under Schedule C, but deleted it and tried again. Still no way to link anything and I can't file without fixing this field. Will this actually be fixed or do I need to file somewhere other than turbotax? This is so unnecessarily frustrating. 

[WendyN2]

With this new 1099-NEC, no, it is no easy task to navigate to populate the Schedule C. Here's a list of instructions I put together last night after seeing so many folks having this issue. I know it is a lot of steps, but the IRS created this form and this is the best most all of the tax preparation programs can do for now. 

HOW TO POPULATE A SCHEDULE "C" WITH A 1099-NEC:

Try these steps:

-  Select the tab at the top for Federal Taxes, then Wages and Income

-  Scroll down the page a bit until you see "1099-MISC and Other Common Income Section"

-  Under this section you will see "Income From 1099-NEC" - Click Start  button then select "Yes"

-  Near the bottom to the right click on "Add a 1099-NEC"

-  Fill out the information per the information provided to you on the 1099-NEC - be sure not to omit anything

-  Check the box next to "My form has other info in boxes 4-17" - this then opens up the rest of the page below that....

-  Again, fill out the information accordingly as it is on the 1099-NEC you received (be sure not to miss anything);

     FYI - click on this -  "What if my form has other boxes filled in?"  and the below statement will appear

-     "If you have info in box 7, you might have to report income from this sale in the "Business Income and Expenses" section"

-  Scroll to the bottom and click "Continue" - then follow prompts to fill in the appropriate information accordingly 

-  Ignore the stmt. "What if I got my 1099-NEC for something other than a job" - since you stated it was for work performed by you

-  Click "Continue"

-  Check off the box to the left of "None of these apply to me" and click "Continue"

-  Check the box to the left of "Yes, I have expenses to deduct"

You are now at the Self-Employed 1099-NEC Income Page; Here you pick a name for your "business" or enter the one you've already chosen. It does not have to match the one on the 1099-NEC you received, but it should. As long as the SS# or FID# (whichever you used for yourself, NOT the payor's info.) match what the IRS has already received by the payor, that is fine. Click "Continue"

-  Now, you want to click on "Edit" to the right of the 1099-NEC listed that you just entered. It is going to begin to walk you back through

   the process, but now with more questions...Select "YES I have expenses to deduct" - click "Continue"

-  Check the circle to the left of your business type/name listed there, then click "Continue".

This has now generated a full Schedule C for you. YEAH! 

Now, at the very bottom of your Income Summary Page, click on "Done with Income"

NOW, go back to "Wages and Income" section, scroll down until you see "Business Items", and you will see "Business Income and Expenses (Sch C)" - you will see it says "Needs Review", so click on Update, then Edit (to the right of the 1099-NEC, and that is how you populate the Schedule C.

The system now will be prompting you to add a product in order to add the Schedule C to your return. All tax preparation software systems charge extra for this form. Unless you started out with the version that includes it, then you've already made that selection.

[bunnjared]

The turbo tax i am following does not sync with your directions. I am so confused!

[AmyC]

The easiest thing for me, was to enter the sch C, since that is where the income goes, and add the income there. Enter the 1099-NEC inside the business and there is no linking necessary.

[VolvoGirl]

I wouldn't bother entering the 1099NEC.  Actually you can just enter it as Other self employment income or as Cash or General income.  You don't need to get a 1099NEC or 1099Misc or 1099K.  Even if you did you can enter all your income as Cash.  Only the total goes to schedule C.

How to enter income from Self Employment

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

[fulcophoto]

I went through all of these instructions and still cannot create a schedule C or link to one. Taxes are due tomorrow and I can't get past this bug.

[VolvoGirl]

The tax due date has been extended to May 17, 2021 this year.

[nitinpuranik]

Here's another option. Instead of reporting your 1099-NEC on Schedule C, you can instead report it on Schedule 1. To do that, delete your 1099-NEC, and then report that income under "Less Common Income > Miscellaneous Income > Other reportable income". Then under the description, you can type in something like "Other Income from box 3 of 1099-NEC" and put in the amount. That way it ends up in Schedule 1 in your return under Part 1: Additional Income > Other Income. You no longer will be stuck in a loop as you proceed to filing.

I followed these steps and was able to successfully file my Federal return.

[VolvoGirl]

Sorry that's not right.  You can't report a 1099NEC as other income.  It is self employment income and only goes on Schedule C.  You might get a letter from the IRS saying you didn't report it.   For Schedule C you don't have to enter the actual 1099NEC,  you can enter all your self employment income as CASH or general.   Only the total goes to Schedule C line 1.

And anyway if there was a bug earlier (I don't remember)  it has been fixed by now.  

[Critter-3]

https://www.irs.gov/pub/irs-prior/f1099nec--2020.pdf

Don't know what form you are looking at but there is NO box 3 ... only box 1 & 4 on the new form. 

[fanfare]

With TurboTax, you have to link your 1099 form and Schedule C.

You can do this by clicking on the link button (if I remember correctly).

If you did not already create a Schedule C in anticipation (recommended), it will prompt you to add a Schedule C.

[finished88]

Customers buy Intuit Turbo Tax because they want efficient and accurate optimization.  We expect Intuit to be intuitive.  We should be able to enter our expenses while we are at the revenue and expense section, and we should not have to wait until the quality checker pops up.    After all the magic of technology is to spend less time inputting, and more time examining alternatives, and optimizing.   So thanks for pro-actively addressing the USER experience.   Please don't expect us to define problems for the engineers to solve - the engineers should be preventing the problem from happening in the first place!   the problem before it happens!   So thanks for paying attention to what your customers want and need - and creating a seamless, customer-oriented and customer-friendly. experience.  If you do, your customers will stay loyal!