1846291
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

tomlhayes
New Member

In Form 1099-MISC in TT Deluxe 2020, Box 7 has an "N/A" already filled in but on my 1099-MISC from my employer it states my "Non-Employee Compensation" just like in 2019?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

In Form 1099-MISC in TT Deluxe 2020, Box 7 has an "N/A" already filled in but on my 1099-MISC from my employer it states my "Non-Employee Compensation" just like in 2019?

Did they give you a 2020 1099Misc for it?  Box 7 is now for sales.  There is a new form 1099NEC box 1 for non employee compensation.  Your employer used the wrong form.

In Form 1099-MISC in TT Deluxe 2020, Box 7 has an "N/A" already filled in but on my 1099-MISC from my employer it states my "Non-Employee Compensation" just like in 2019?

2020 1099Misc box 7 is now for Direct Sales

https://www.irs.gov/pub/irs-pdf/f1099msc_20.pdf

 

The new 2020 1099NEC box 1 has replaced 1099Misc box 7 for non-employee compensation

https://www.irs.gov/pub/irs-pdf/f1099nec_20.pdf

 

Actually you can just enter it as Other self employment income or as Cash or General income.  You don't need to get a 1099NEC or 1099Misc or 1099K.  Even if you did you can enter all your income as Cash.  Only the total goes to schedule C.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question