Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jan 17, 2025 1:32:58 PM

How do I file a 1099-NEC

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

0 3 1074
3 Replies
Level 15
Jan 17, 2025 1:34:21 PM
Level 15
Jan 17, 2025 1:46:59 PM

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

Expert Alumni
Jan 19, 2025 3:00:35 PM

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.

See also here.