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I worked for a non profit to do a one time job and got paid but I am not self employed they did send me a 1099 but do I need to claim business profit?

I know I need to claim the income and pay taxes on it but in filling out on turbo tax it's having me claim it as a business profit but I don't have a business so I am confused.
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1 Reply
PatriciaV
Employee Tax Expert

I worked for a non profit to do a one time job and got paid but I am not self employed they did send me a 1099 but do I need to claim business profit?

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.

 

  1. On the screen Did you get a 1099-NEC?, click on Yes
  2. On the screen Do You Want to Enter Your 1099-NECs Now?, click on Add a 1099-NEC
  3. On the screen Let's get the info from your 1099-NECenter your information and click Continue
  4. On the screen Describe the reason for this 1099-NECenter a reason and click Continue
  5. 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? 

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