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Returning Member
posted Mar 26, 2021 1:43:12 PM

1099-MISC

Turbotax does not have a place to enter box 7 of the 1099-MISC form, Nonemployee compensation. Where should the information in box 7 be entered from my form1099-Misc ?

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2 Replies
Level 15
Mar 26, 2021 1:49:54 PM

What is it for?  If for work you did, you should have received a 1099-NEC instead.

Expert Alumni
Mar 26, 2021 1:53:12 PM

Non-employee compensation should have been reported on Form 1099-NEC.  Beginning in 2020, the IRS has changed the method of reporting non-employee compensation, which used to be reported in Box 7 of the 1099-MISC.  Non-employee compensation is now reported on Form 1099-NEC.  

 

To enter the income on the 1099-MISC you received:

  1. Click Wages & Income
  2. Under the Self-Employment section, click the Start/Revisit box next to Self-employment income and expenses.
  3. Click the box Add Income for this work.
  4. On the screen, Let's enter the income for your [XX] work, mark the radio button for Form 1099-NEC
  5. On the next screen, OK, let’s get some details from your 1099-NEC enter the amount from box 7 of the 1099-MISC in Box 1 of Form 1099-NEC.