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posted Feb 3, 2025 4:15:13 PM

1099 NEC

By the time I received 1099 NEC for the Essential Covid work relief tax form I had already file my taxes my question is am I supposed to file this income as a hobby? None of the other makes sense to me 

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1 Replies
Employee Tax Expert
Feb 3, 2025 4:19:13 PM

Yes, selecting hobby when entering the 1099-NEC will cause the income to be reported appropriately on your tax return, as Other Income.

 

Since you already filed your return, you will need to amend. Wait until your original return has been accepted, then you can amend as soon as the federal amended tax return, Form 1040-X, is available for filing in TurboTax. ‌Use this tool to check availability of forms, including 1040X: Tax form availability

 

Here is some more information on filing amendments: How to File an Amended Tax Return with the IRS