Filing 1099-C for dependent

[Loladoby]

My dependent is disabled. We have already filed she has no other income besides SSI. Do I need to file her 1099-C or does she need to file it since her income is below 15,000.00 and the amount of debt cleared is under $1300.00.

[MaryK4]

No, if that was her only income she would not have a filing requirement.  You correctly stated that a dependent must file a tax return if their unearned income is more than $1,300.

[Loladoby]

She also received a 1099- NEC for only $1012.00 would this need to be filed then?

[LeticiaF1]

Since she received $1,012 on a Form 1099-NEC, which is the form used to report self-employment income, she would be required to file is she $400 or more in self-employment net earnings. 

Do I need to file a federal return this year?

How do I enter a 1099-C?

What's a 1099-NEC?

@Loladoby 

[Loladoby]

She received a 1099-C for $1201.66, also a 1099-NEC FOR $1012.00 and disability SSI Income. Do we need to report these on my return or does she need to file her own? 

[DianeW777]

She must file her own tax return. This income was earned by her and is not part of your income. 

Her self employment income requires her to file (Form 1099-NEC) to show any expenses that she might have that will reduce the gross income. As indicated by @LeticiaF1 enter the 1099-C using the link provided: How do I enter a 1099-C?

Enter your self employment income and expenses by using the link below. Expenses will also be available for her to use if she has any.

• How do I enter my self employment income?
• Unless she has a business name or separate business address she will use her name and her home address for the business when asked.

You must start a new account for her if you are using TurboTax Online (only one return per account).  You can add another return (up to 5) if you are using TurboTax Desktop.

@Loladoby