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Level 2
posted Jan 8, 2022 8:14:20 PM

I hired a contractor and need to file a 1099-NEC .. which TurboTax product do I need?

I'm a small business. I hired a contractor and need to provide the IRS and them with a 1099-NEC. Which Turbotax product do I need? Whenever I search for 1099-NEC and small business and Turbotax, the only links I can find explain what the independent contractor needs, not what I need. So I'm confused.

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2 Replies
Level 8
Jan 8, 2022 11:22:25 PM

If you are a sole proprietor (self-employed), you can use TurboTax Self-Employed Online or TurboTax Home & Business CD/Download.

 

If you need to file a corporate or partnership return as part of your business, buy TurboTax Business.

 

TurboTax Quick Employer Forms for 1099-NEC

 

TurboTax Self-Employed, TurboTax Home & Business and TurboTax Business will link to TurboTax Quick Employer Forms. You can use QEP to prepare and e-file W-2s and 1099s.

 

Learn more: What is Quick Employer Forms?

Level 2
Jan 9, 2022 1:51:53 PM

Thank you so much!