topic Re: 1099 NEC in Get your taxes done using TurboTax

1099 NEC

Icebreaker250 — Mon, 09 Mar 2026 06:36:16 GMT

I have 1099 NEC income. Last year when I reported this it appeared as income next to 1099 NEC in TurboTax. This year it shows $0 next to the 1099 NEC and then wants to create a business and fill out Schedule C. Does that make sense? Did something change between last year and this year?

Re: 1099 NEC

ptroyano — Thu, 31 Mar 2022 02:31:15 GMT

It says 0 because you have to fill in what your NEC income was. There should be an edit button or something you can go to if you are in the ,walk me through it section, which I recommend. hope that helps

Re: 1099 NEC

ThomasM125 — Thu, 31 Mar 2022 03:27:40 GMT

Income reported on a form 1099-NEC for services you provided is considered small business income, so you will need to set up a business in TurboTax to report it. You will have the opportunity to deduct ordinary and necessary expenses associated with the income generated.