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ekbechill
New Member

My 1099-NEC says Nonemployee Compensation, what do I fill in for "what type of income is on your 1099-NEC?"

 
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2 Replies

My 1099-NEC says Nonemployee Compensation, what do I fill in for "what type of income is on your 1099-NEC?"

Just enter nonemployee compensation if box 1 of the 1099-NEC has an amount entered.

MaryK4
Expert Alumni

My 1099-NEC says Nonemployee Compensation, what do I fill in for "what type of income is on your 1099-NEC?"

Form 1099-NEC shows income paid to a nonemployee for services (for example, an independent contractor).  Generally, amounts paid to individuals that are reportable in box 1 are subject to self-employment tax. If you did work for someone who is not your employer, you can select Self-Employment and TurboTax will guide you through the process of preparing a Schedule C and other forms needed to file with the IRS.  This link may be helpful: How to File Taxes with IRS Form 1099-NEC - TurboTax - Intuit.

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