I received a 1099-NEC & a W-2 What do I do??

[Lucero0126]

I received my normal W-2 from my employer but they also sent me a 1099-NEC.

when i got a promotion in my job they started to give me payments for a Charles Schwab account, that they said was a much better thing to have than a retirement account. How do I file my taxes? 

i know this form is suppose to be for contractors or people that are not considered employees and are employed. 

any help will be very much appreciated!

[JotikaT2]

You will need to report your W-2 wages as you usually would under the Wages & Income section of the federal interview screen.

As for the 1099-NEC form being issued for payments made to an investment firm as a replacement for retirement account contributions, I recommend going back to your employer and asking exactly what payments were issued to you or how they were sent to the investment firm.  

Did your employer offer a 401(k) where you could make contributions to a retirement plan?  If so, those should have been reported in box 12 of your W-2 form and not reported on a 1099-NEC.  Or did you receive cash payments for a bonus or for anything else during the year that were not a part of your regular paycheck?  If it was a bonus, your employer should report these amounts on your W-2 form.

Form 1099-NEC is typically issued to non-employees to report compensation.  Please see this link for more details.