How do I file a 1099-NEC

3 replies
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I can't figure out how to do this on TurboTax

DoninGA

Level 15

See this TurboTax support FAQ for creating a W-2 and Form 1099 - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-forms/create-w-2-1099-forms-employees-contractors/L0yjM6jDz_US_en_US?uid=m61a1sg2

VolvoGirl

Level 15

Or did you get a 1099NEC and need to report it on your tax return?

JamesG1

Alumni - Intuit

If you are asking how to generate a 1099-NEC for someone who you paid in 2024, You may create W-2's and 1099 forms using Intuit's Quick Employer Forms. See here.

If you are asking how to report 1099-NEC income on your personal income tax return, The IRS presumes that 1099-NEC income is self-employment income that is subject to:

Self-employment income computed on Schedule SE. as well as
Income tax computed on IRS Form 1040.

The IRS expects 1099-NEC income to be reported on a Schedule C of the IRS Form 1040. If you had ordinary and necessary business expenses, they may be deducted on Schedule C. It is possible that your income could be offset entirely by ordinary and necessary business expenses reported on Schedule C.

In TurboTax Premium Online, follow these steps:

Down the left side of the screen, click on Tax Home.
Click the down arrow to the right of Income & Expenses.
Under Your income and expenses, scroll down to Self-employment. Click the down arrow to the right. Click Start.