topic 1099 nec in Self employed

1099 nec

Crazyrider1227 — Thu, 06 Feb 2025 01:34:40 GMT

I received a 1099nec for heroes pay in ct. I can’t enter in that spot as it’s reporting as self income. How do I enter it

Re: 1099 nec

KrisD15 — Thu, 06 Feb 2025 01:37:06 GMT

To clarify, are you sure the form is not Form 1099-MISC rather than Form 1099-NEC?

Form 1099-NEC is ONLY for Self-Employment income.

Re: 1099 nec

Crazyrider1227 — Thu, 06 Feb 2025 01:40:18 GMT

Definitely a 1099NEC

Re: 1099 nec

MindyB — Thu, 06 Feb 2025 02:01:47 GMT

Yes, you are correct in that you cannot enter this in the entry for 1099-NEC or else this will be taxed as self-employment income.

Here's how you should enter this so it shows up in your tax return as "other income", in TurboTax Online:

1. Navigate to Federal > Wages & Income> Miscellaneous Income, 1099-A, 1099-C > Add/Edit

2. Choose Other reportable income

3. Enter a description such as "Connecticut Hero Pay" and the amount

Per IRS Guidance from Senior Stakeholder Liaison Joseph McCarthy, "In the event that an IRS notice is issued by the IRS due to self-employment tax not being reported on a tax return the recipient should respond to the notice explaining that the 1099 NEC is for CT Premium Pay Program (Hero) payments and is not self-employment income."