turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

1099 NEC - Treasurer for Home Owners Association

Received 1099-NEC from Fairway Bay Home Owners Association for doing work as their treasurer.  Why does it require me to fill out  the Schedule C?  I do not own this business.  I am an employee.

 

Am I doing something incorrect?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
ee-ea
Level 15

1099 NEC - Treasurer for Home Owners Association

This applies to Form 1099-NEC, 1099-K, 1099-Misc et al and to other taxable income without a report.

Enter it in the personal section, Other Common Income Form 1099-MISC.  To ensure it does not go to Schedule C (self-employment), you will answer the follow-up questions accordingly. 

 

On the Describe the reason for this 1099-MISC screen, enter a description of the other income. (award/stipend)

Select None of these apply on the Does one of these uncommon situations apply? screen.

Select No, it didn’t involve work like my day job on the Did the involve work that's like your main job? screen.

Select I got it ONLY in 2023 on the How often did you get income for? screen.

Select No, it didn’t involve intent to earn money on the Did the work involve an intent to earn money? screen.

 

Answering differently to any of these questions will imply self-employment and generate Schedule C.  

 

Please give feedback. If this helps click “Thumb” or “Best Answer” if it’s a solution.


message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies