topic Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC. in Retirement tax questions

Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

schahfers — Mon, 08 Feb 2021 20:44:59 GMT

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

LinaJ2020 — Mon, 08 Feb 2021 21:15:50 GMT

The issue has been submitted and is currently under investigation. Please click on the following link and sign up for an email notification when it's fixed.

1099 NEC link to spouse

Why am I not able to link my 1099-NEC

Thank You for your patience

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.

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

vscalise — Thu, 11 Feb 2021 21:55:20 GMT

I also am not seeing one of my 1099-NEC income from box 1 showing up

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

gloriah5200 — Thu, 11 Feb 2021 22:20:23 GMT

1099-NEC income should display on Schedule C of the return as long as the questions setting up the Schedule C are completed, especially ownership

1099 NEC link to spouse

Why am I not able to link my 1099-NEC

Thank You for your patience

If you are still unable to see your 1099-NEC income showing on Sch C, please refer to the following:

can't see 1099-NEC income on Schedule C

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

xmarc999 — Wed, 03 Mar 2021 23:34:24 GMT

My 1099-NEC does not show up on the Income Summary page, even though there is a line item for 1099-NECs under Other Common Income. However, when I go into Schedule C under Forms, the information is loaded into Schedule C. It's also there if I click the Update button for the 1099-NEC line in the Income Summary page. So I think it's just a problem for the Income Summary page roll-up.

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

desainr — Wed, 26 May 2021 02:56:02 GMT

yes. I am having same issue.

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

arthurcna — Thu, 20 Jan 2022 21:02:06 GMT

It looks like this is an issue again with 2021 filing. I entered my spouses 1099=NEC and it does not show on the summary page. It shows up as 0 income, but when I hit the edit button it shows all the information is there.

Any thoughts?

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

DianeW777 — Thu, 20 Jan 2022 21:31:15 GMT

As far as recording your income, you do not have to enter the Form 1099-NEC directly. It's a convenience but not a requirement. Follow the steps below to enter your business income (it is not 'Other' income). This will allow you to complete your return without error. Keep this document with your tax files.

You should delete the Form 1099-NEC, then enter the income directly following steps below.

Here's the general procedure for viewing the forms list and deleting unwanted forms, schedules, and worksheets in TurboTax Online:

Open or continue your return in TurboTax.
In the left menu, select Tax Tools and then Tools.
In the pop-up window Tool Center, choose Delete a form.
Select Delete next to the form/schedule/worksheet in the list and follow the instructions.

You can also choose to enter this as a cash payment of business income by selecting Other self-employed income, includes 1099-K, cash, and checks (if you choose this, delete the 1099-NEC).

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

HK-NYC — Tue, 15 Feb 2022 21:40:02 GMT

I'm having the same issue with TT 2021. The roll-up to the Income Summary page shows $0 but the details are there when I click on Update. I went to Forms and the Schedule C and the income is correctly shown there.

I also noticed that the 1099-NEC for the previous year shows up as 1099-MISC in the Income Summary page. I double checked my 2020 return and they were correctly entered as 1099-NEC. If you have any resolution to this, would appreciate it if you could share.

---------------

UPDATE:

It appears that on the 2021 Income Summary page, the 1099-NECs are rolled up into the line "Business Income and Expenses (Sch C)" under the section titled "Business Items". When I click on the "Update" next to that line, I see the aggregate (gross amount) of my 1099-NECs and the net after my business expenses. To see the individual 1099-NECs, you still have to go back to the line "Income from Form 1099-NEC" and click on the "Update" button next to that line.

It is not very intuitive but I can see the logic.

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

fps6103 — Tue, 01 Mar 2022 03:28:42 GMT

Is this issue being corrected with an update? TurboTax Home&Business 2021. The values show up in Schedule C but not in the "Your 2021 Income Summary" page.

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

ThomasM125 — Tue, 01 Mar 2022 04:27:31 GMT

@fps6103

I'm not sure why you are not seeing your income on the summary page. However, you can preview your form 1040 while working in the online version of TurboTax so you can insure your income is reported on your tax return.

You can view your form 1040 while working in the online version of TurboTax by following these steps:

While working on your return in the Federal section of TurboTax:

1. Choose the Tax Tools icon on your left menu bar

2. Tools

3. View Tax Summary

4. Choose the Preview my 1040 on your left menu bar

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

HK-NYC — Tue, 01 Mar 2022 14:47:03 GMT

I'm not sure if TT will update the software for the 2021 tax year. As explained in my UPDATE on this topic, TT collected all 1099s in the same section but because the 1099-NECs are treated as Business Income and is reported on Schedule C, it is rolled up into that part of the Income Summary page. Unlike other 1099s, your income from self-employment is considered a business income and you can take business expense deductions. It is correct for TT to ensure that the 1099-NECs are not rolled-up in two places (individual income and business income) which would lead to excess taxes.

It would be helpful for 2022 if TT would collect the 1099-NEC info under the business income section and not along with the other 1099s (INT, DIV, MISC). It would further help avoid confusion if the links that provide information on the 1099s explains why this 1099-NECs are handled separately.

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

Gary Loew — Tue, 01 Mar 2022 18:55:49 GMT

I share your pain.

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

Gary Loew — Tue, 01 Mar 2022 18:58:55 GMT

Same problem here!

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

Anitaml — Fri, 11 Mar 2022 16:51:55 GMT

I have the Home Business version. I can only enter income on the 1099-NEC, but the amount doesn't show up. My last year didn't show up. Maybe it didn't import it. Is there a work around on this?

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

AmyC — Fri, 11 Mar 2022 17:57:50 GMT

If you don't have a business but have income other than the NEC, it can be entered under Other Income. Follow these steps:

go to the federal income section
scroll to the bottom
Miscellaneous Income, 1099-A, 1099-C, Start
Scroll to the bottom
Other reportable income, Start
Other taxable income?
Select YES
Description

If you have a business, enter inside of the business section is where you enter the 1099-NEC income. If you have income from cash, it goes under Other Income.

@Anitaml

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

Hydrocrust — Mon, 11 Apr 2022 01:03:02 GMT

Yes, same problem. I have entered and double checked entry of income as shown on 1099-NEC. When I go back to the summary page, it shows $0 under income for 1099-NEC. Looks like Intuit has had more than a year to fix this. What is the deal - this is clearly a bug in the software that must be fixed.

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

Hydrocrust — Mon, 11 Apr 2022 01:04:25 GMT

I should be able to click "thumbs down"

Not only is the bug not fixed, after a year, but the links to be put on email list for alerts leads to a dead end.

Not acceptable, Intuit! Taxes are due in a few days - fix your bug!

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

Gary Loew — Mon, 06 Feb 2023 23:08:02 GMT

Yes, I am having the same issue

Re: Is anyone else having an issue entering income? It doesn't show up after I enter my 1099-NEC.

Gary Loew — Mon, 06 Feb 2023 23:09:03 GMT

Yes