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

I have a 1099 NEC from last year for 1 month and 2 W2's from different jobs. Do I need to use the 200 dollar Self-employed one to file my taxes

 

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.

2 Replies
LinaJ2020
Expert Alumni

1099 NEC

If this is a nonemployee compensation, you are still considered as self employed even thought it was only for a month.  You can simply use TurboTax Deluxe ($80 including one state download).  If you have related expenses to deduct, you should use TurboTax Self Employed online version ($120 plus additional charge for state)   Click here for pricing: Online vs Download

 

If this is not a nonemployee compensation, the program will enter it under Other Income which does not require a Schedule C.

 

If this is self employed, the net profit will show on your Schedule 1 line 3 and line 8 of your Form 1040. If this is Other Income related, the amount will show on line 8 of Schedule 1 and Form 1040.  

 

 

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

1099 NEC

The 1099NEC is for self employment income.  

You can enter Self Employment Income into Online Deluxe or Premier but if you have any expenses you will have to upgrade to the Self Employed version.  Or use any of the Desktop CD/Download programs.

 

How to enter income from Self Employment

https://ttlc.intuit.com/community/self-employed/help/how-do-i-report-income-from-self-employment/00/...

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question