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Returning Member
posted Apr 2, 2021 10:50:59 AM

1099-NEC form received, not self-employed

I am not self-employed, I am retired.  I received a 1099-NED for a Medicare premium reimbursement that is part of my retirement benefit (full medical in retirement).  I am being assessed self-employment tax by TurboTax.  I am not sure what to do since this is not wages for a non-employee that a 1099-NEC is meant for.

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1 Replies
Expert Alumni
Apr 2, 2021 1:47:30 PM

I will suggest you to enter under "Other Income", instead.  Here are the steps:

 

In TurboTax online,

  • Sign into your account, select Pick up where you left off
  • To the right upper corner, in the search box, type in "other reportable income" and Enter
  • Select Jump to other reportable income
  • Next screen, Other Wages Received, select No to continue
  • Next screen, scroll down all the way to the bottom, under Other reportable income, select Start
  • Next screen, Any Other Taxable Income? select Yes to continue

If you are not receiving the income as nonemployee compensation, you are not subject to self employment tax. This amount should show on line 8 of Schedule 1 and Form 1040.