https://ttlc.intuit.com/community/taxes/discussion/i-have-a-1099-misc-with-7-filled-out-but-turbo-tax-7-is-n-a-with-no-box-and-i-have-no-idea-where-to/01/2075642#M746945 Sat, 13 Mar 2021 23:53:20 GMT crazziedad 2021-03-13T23:53:20Z https://ttlc.intuit.com/community/taxes/discussion/i-have-a-1099-misc-with-7-filled-out-but-turbo-tax-7-is-n-a-with-no-box-and-i-have-no-idea-where-to/01/2075642#M746945 Sat, 13 Mar 2021 23:53:20 GMT https://ttlc.intuit.com/community/taxes/discussion/i-have-a-1099-misc-with-7-filled-out-but-turbo-tax-7-is-n-a-with-no-box-and-i-have-no-idea-where-to/01/2075642#M746945 crazziedad 2021-03-13T23:53:20Z https://ttlc.intuit.com/community/taxes/discussion/re-i-have-a-1099-misc-with-7-filled-out-but-turbo-tax-7-is-n-a-with-no-box-and-i-have-no-idea-w/01/2075839#M747028 <P><SPAN style="font-size:14px"><SPAN style="font-family:Arial,Helvetica,sans-serif">There are no amounts listed in Box 7 for 2020 1099-MISC forms.&nbsp;For 2020, nonemployee compensation on the prior year Form&nbsp;1099-MISC is now reported on Form 1099-NEC. If you have a 1099-MISC with Box 7, please confirm the year of the form at the top right of the page.&nbsp;</SPAN></SPAN></P> Sun, 14 Mar 2021 00:34:57 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-have-a-1099-misc-with-7-filled-out-but-turbo-tax-7-is-n-a-with-no-box-and-i-have-no-idea-w/01/2075839#M747028 LenaH 2021-03-14T00:34:57Z https://ttlc.intuit.com/community/taxes/discussion/re-i-have-a-1099-misc-with-7-filled-out-but-turbo-tax-7-is-n-a-with-no-box-and-i-have-no-idea-where/01/2075982#M747077 <P>Sounds like someone gave you the wrong form if you actually got a 1099-Misc.&nbsp; If you received a 2020 1099-MIsc box 7 would state:&nbsp;Payer made direct sales of $5,000 or more of consumer products to a buyer<BR />(recipient) for resale and it will have a little check box.&nbsp; If you received a 1099-Misc from a previous year, such as 2019 or 2018 etc, then box 7 would have the words non-employee compensation and the amount you received.&nbsp; &nbsp;It would be wrong if you received that for 2020 income.&nbsp; As of 2020 The new forms to report&nbsp; contractors payments, (people who are not employees but perform some sort of service that they get paid for) should now be reported in a 1099-NEC which is a new form.&nbsp; So, the person who contracted with you (where you provided some sort of service too) gave you the wrong form.&nbsp; On the other hand, if they did give you the new 1099-NEC form and you are trying to enter the amounts in turbo tax in a 1099-Misc form then you can't do that.&nbsp; &nbsp; You must enter into a 1099-NEC form in Turbo Tax.&nbsp; &nbsp;You will need to let whomever gave you a 2019 or earlier 1099-Misc form that had 2020 income reported on it,&nbsp; that the form is no longer allowed and that a 1099-NEC was supposed to be issued.&nbsp; Then you must enter the new 1099-NEC that they give you in Turbo Tax.&nbsp; Your amount on the new 1099-NEC should be in box 1.&nbsp; &nbsp;Look at your form and look at the year on the form and if it is anything other than 2020, then it is wrong, unless they are reporting&nbsp;<SPAN>gross proceeds to an attorney or possibley Section 409A deferrals, or maybe nonqualified deferred compensation income that you received.&nbsp; If it is non-employee income then it should have been reported on the new 2020 1099-NEC form.&nbsp; That person who issued it will have to have the 1099-Misc voided, which by the way is a process as it was reported to the Social Security Admin and possibly to the State.&nbsp; The Social Security Admin is in conjunction with the IRS so they would have it on file as well.&nbsp; They also may have to correct the 1096 which is a summary form.&nbsp; If you don't have the form corrected, the IRS will assume you received the income.&nbsp; If they don't correct it or don't correct it properly call the IRS and the state.&nbsp; I think I would call them anyways just to make sure they have the correction.&nbsp;</SPAN></P> Sun, 14 Mar 2021 01:13:28 GMT https://ttlc.intuit.com/community/taxes/discussion/re-i-have-a-1099-misc-with-7-filled-out-but-turbo-tax-7-is-n-a-with-no-box-and-i-have-no-idea-where/01/2075982#M747077 briggsr 2021-03-14T01:13:28Z