1099 Nec

Forum|Forum|4 years ago
March 9, 2022
10 replies
82 views

I am reviewing my taxes and there is an issue with the 1099 nec. I received it because I participated in a medical study. I do not have my own business and this is not an ongoing thing. The review says I need to link the 1099nec to Schedule C or F but not both. I don’t know how to proceed.

MayaD

Alumni - Intuit

You will enter your info under "Other Income".

In TurboTax online,

Sign into your account, select Pick up where you left off
Type other reportable income in the search box
Select Jump to other reportable income
On the screen Other Wages Received, select No to continue
Next screen, scroll down to Other reportable income, select Start
Next screen, Any Other Taxable Income? select Yes to continue

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

sandy613Author

Level 4

I am using the download version. I don’t see any of the things that you are mentioning. If I go into search and type Other Reportable Income, various questions come up but there is no “jump to” option.

MayaD

Alumni - Intuit

In TurboTax CD/Download:

Go to Wages an Income.
Select I'll choose what I work on.
Scroll down to Less Common Income
Click Start Next to Miscellaneous Income.
Scroll Down to Other Reportable Income.

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

DaveF1006

Alumni - Intuit

Yes, remove the 1099 NEC where you originally recorded the information and then add it back in using the precise procedures that MayaD outlined above.

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

sandy613Author

Level 4

It worked. Thanks! Now I am working on some other Fixes. It is asking me to fill in Schedule IT-2210, line F for Prior Year’s Taxes. Do I just look at what I paid in 2020 to the State? This seems self explanatory but I pay quarterly taxes so I was not sure if I should get that number from somewhere else.