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Level 1
January 18, 2021
Question

1099 NEC for Both Spouses From Same Payer

  • January 18, 2021
  • 1 reply
  • 15 views

My wife and I file jointly and we both received a 1099 NEC from the same payer.  I'm having trouble entering the second one correctly through TurboTax Home & Business.  I enter the first 1099 NEC and then go to enter the second and it updates the 1099 NEC for the first one, and enters nothing for my spouse.

 

Am I doing something wrong?

1 reply

Level 15
January 18, 2021

If you each received the 1099-NEC for the same business and want to report them separately so that self employment tax is applied equally for each of you then report 2 schedule C’s. To differentiate them add “1” after one business name and “2” after the other and split income and deductions between them. 

Level 2
February 4, 2021

That doe not seem to work on TurboTax

Level 2
February 4, 2021

Same here. It won't take the number in both. only one...