!099 NEC and Schedule C

[phil106]

I am retired (since 2019 and collecting Social Security) but last year was contacted by a previous client to provide a training program that I had done for them in the past.  I did the training (which required travel) and was paid on a 1099-NEC.  This is probably a one off event and won't happen going forward.  TurboTax Premier wants to treat this as self employed and complete a Schedule C.  Is this the right way to do this as I am not looking to be an "ongoing concern".

[GeorgeM777]

No, based on the information you provided, this appears to be "other income," and not self-employment income.  To enter other income in TurboTax online, click on Wages & Income, scroll down the page to Less common income, click on the drop-down arrow and select Miscellaneous Income.  From the list select Other reportable income and respond to the questions on the screens that follow.  

@phil106

[phil106]

Thanks for your prompt response.  If I have some travel expenses associated with this income (getting to the client to deliver the class) is there still a way to deduct them using the income approach you described.

[AliciaP1]

No, if you want to use the travel expenses to offset the income, then you need to report both on a Schedule C.  You can have a Schedule C for one year only and not create a flag with the IRS.

@phil106