If this is one-time income, you may wish to enter Form 1099-NEC as income that is not for self-employment.
Open your return and go to Federal >> Wages & Income >> Other Common Income >> Income from Form 1099-NEC. Click Start/Update.
Or go to Tax Tools >> Tools >> Topic Search. Enter 1099-nec then click Go.
- On the screen Did you get a 1099-NEC?, click on Yes
- On the screen Do You Want to Enter Your 1099-NECs Now?, click on Add a 1099-NEC
- On the screen Let's get the info from your 1099-NEC, enter your information and click Continue
- On the screen Describe the reason for this 1099-NEC, enter a reason and click Continue
- On the screen Does one of these uncommon situations apply? Select This is not money earned as an employee or self-employed individual, it is from a sporadic activity or hobby and click Continue.
These entries will report the income on Schedule 1 Line 8z Other Income. The total from Schedule 1 Line 10 flows to Form 1040 Line 8 as ordinary income.
See also: Does a 1099-NEC or 1099-MISC mean that I'm self-employed?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"