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If you have received one or more 1099-NEC forms you are considered self-employed by the IRS. To enter this income (and appropriate business expenses) in TurboTax Online, you can follow these steps:
You can also see What self-employed expenses can I deduct? to make sure you report all the business expenses you are allowed.
Thanks, but that does not answer my question. Is there no longer an expense category entitled "Income returns and refunds"? For use in cases where the independent contractor received income which returned to the client.
Returns and allowances are entered in you self-employment Schedule C in the income section. If you have money that you returned to your customer(s) you should enter that as a return using the 'Add income for this work'.
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