1099-nec

Forum|Forum|4 years ago
February 25, 2022
1 reply
25 views

I put in my 1099-nec but when I try to continue it says there are five errors. When I look at them it's stuff that's blank on my 1099-nec form. Am I missing something? I don't want to mess this up. Your help will be much appreciated.

Not A Product Question

Best answer by VolvoGirl

You have to answer those yourself. See Schedule C for what you are filling out.

https://www.irs.gov/pub/irs-pdf/f1040sc.pdf

Qual Business Income put Yes

1099req? Did you pay anyone else over $600? If not say No

line g should be Yes you actively participated

line f accounting method is CASH

Principal Business Code -

Schedule C line B Business Code is a 6 digit number for your activity. Here are the IRS instructions for Schedule C. Business codes start on page 17. If you don't see one that fits put 999999.

http://www.irs.gov/pub/irs-pdf/i1040sc.pdf

AmyC

Level 15

You must have payer's name, Payer's TIN, payer's address, a box with income and your information. What is the program asking you for that is not on the form?

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alyssAuthor

Level 2

These are the things it's asking,

"Qual business inc yes or no"

"1099 reqd yes or no?"

"Line g yes or no?"

"Line f-cash, line f-accrual box, or line f-other box?"

"principal business code?"

I did an online job for Lionbridge for a few months and the 1099-nec they sent me didn't have any of this on there.

VolvoGirlAnswer