topic 1099-NEC in Get your taxes done using TurboTax

1099-NEC

marklv — Mon, 09 Mar 2026 07:27:24 GMT

I have a 1099-NEC. I work for Company B. Company B is a sub on a large contract Company A is the prime/lead. Company A issues an annual management bonus to all managers. This has always been a 1099-MISC. This year it is an NEC. TurboTax puts this in Business Income and Expenses and seems to want to force me to declare myself as an independent consultant (naming my biz ad such) and thus force me to enter a TIN/EIN (but not my SSN). How do I get around this?

Re: 1099-NEC

jmaxwell92264 — Mon, 21 Mar 2022 18:02:54 GMT

Compensation for services that is not W-2 wages should be reported to you on Form 1099-NEC, and such compensation is subject to Self-employment Tax and should usually be reported on Schedule C. Reporting on 1099-Misc is incorrect if the payments were the result of work you performed. You may want to contact Company A, but it appears that learned the error of their ways and determined that they should issue 1099-NEC, not 1099-Misc.

Re: 1099-NEC

jmaxwell92264 — Mon, 21 Mar 2022 18:05:45 GMT

Further to your question, there is no requirement for you to have an EIN, unless you pay wages to someone else. An EIN is not required for filing Schedule C; just leave it blank if you don't have one.

Re: 1099-NEC

GeorgeM777 — Mon, 21 Mar 2022 18:22:19 GMT

Assuming you are not self-employed, you can report your bonus income as "other income" rather than the type of income that triggers TurboTax to create a Schedule C. Because it appears you are using TurboTax Home & Business, follow these steps to report your income as other income:

Go to Personal
Select Personal Income
Scroll down the page to Less Common Income
Select Miscellaneous Income
Select "Yes" when asked if you received other taxable income.
Enter the name and amount.

If you are using TurboTax online, the process is essentially the same as the above steps.

@marklv