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I have a 1099-NEC and cash income. Why does the 1099-NEC say zero when I entered an amount?

I am self-employed and have a sole proprietorship. I get income directly from clients and also from a charter school. The charter school sends me a 1099-NEC. Even though I entered the info in the 1099-NEC area, it shows up as zero. Then, I entered my direct cash income, and it's asking me if that is my net income. Do I enter the money from the charter school there instead? I have not had this problem in the past. So confused.

 

Thanks to anyone who can help me!

 

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1 Best answer

Accepted Solutions
MaryK4
Employee Tax Expert

I have a 1099-NEC and cash income. Why does the 1099-NEC say zero when I entered an amount?

If you entered the 1099-NEC, you have to associate it with the Schedule C.  Note: It is much easier to enter Self-Employment Income in the Self-Employment section, not as a Wages & Income.

 

Business Income.jpg

 

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1 Reply
MaryK4
Employee Tax Expert

I have a 1099-NEC and cash income. Why does the 1099-NEC say zero when I entered an amount?

If you entered the 1099-NEC, you have to associate it with the Schedule C.  Note: It is much easier to enter Self-Employment Income in the Self-Employment section, not as a Wages & Income.

 

Business Income.jpg

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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