turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I have two 1099-NEC forms but they are not for self employment. They are for my job as a manufacturer incentive. How do I enter?

When I enter these they are showing as self employment but it's not.
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

5 Replies
Vanessa A
Employee Tax Expert

I have two 1099-NEC forms but they are not for self employment. They are for my job as a manufacturer incentive. How do I enter?

As you walk through the steps of entering the 1099-NEC, you will be given options of what the income is for.  Select Hobby income and this will then a checkmark on your 1099-NEC worksheet will be placed in the Other Income Box so it won't be reported as self-employment income.  It will then be reported on Schedule 1 line 8z as Non Employee Compensation from 1099-NEC.

Marking the hobby box does not make it hobby income, it just means it was not self-employment income or any of the other types of income listed there. 

 

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

I have two 1099-NEC forms but they are not for self employment. They are for my job as a manufacturer incentive. How do I enter?

OR -

 

To enter a Form 1099-NEC that is not for self-employment -

Click on Federal (Personal using Home & Business)
Click on Wages & Income (Personal Income using Home & Business)
Click on Income & Expenses
Scroll down to Other Common Income 
On Form 1099-NEC, click the start or update button 
On Income from Form 1099-NEC, click the start or update button

 

On the screen Did you get a 1099-NEC?, click on Yes
On the screen What type of income is on your 1099-NEC?, click on Income that should've been reported on a W-2 and Continue
On the screen OK, let’s get some details from your 1099-NEC, enter your information and Continue
On the screen Did you also receive a W-2 from (name)?, enter Yes and Continue
On the screen OK, this income will be labeled as wages and Continue

I have two 1099-NEC forms but they are not for self employment. They are for my job as a manufacturer incentive. How do I enter?

Thank you!

I have two 1099-NEC forms but they are not for self employment. They are for my job as a manufacturer incentive. How do I enter?

When I did this it brought my return down by around $500 for $2266 in income. Does that sound right?

I have two 1099-NEC forms but they are not for self employment. They are for my job as a manufacturer incentive. How do I enter?


@melindablay wrote:

When I did this it brought my return down by around $500 for $2266 in income. Does that sound right?


Yes, because there probably was not any federal taxes withheld from the income reported on the 1099-NEC.  So your income increased but your federal taxes withheld did not increase with the additional income reported.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question