turbotax icon
turbotax icon
turbotax icon
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.

1099 Box 7 Turbo Tax glitch? And CA Source update

I recently downloaded the new 2020 version of TT home business 2020. Is there a reason when you go to enter a 1099 box 7 says n/a? That's the non employee compensation box. I was running some sample numbers to test what we may owe vs what we may want to buy for our business before the end of the tax year. I ended up using the royalties #2 box instead which some of my income comes through. But most is #7. Is this a glitch in the program? I waited a couple weeks, came back, and today downloaded updates figuring it would fix itself by now with TT fixes. But it still looks the same. Are they aware of this issue? 

 

And on the business end... has Turbo Tax added special questions for "CA SOURCED INCOME" that has caused many of us headaches over the past year? For even when we live in other states, but have 1099 from CA? 

 

 

 

Connect with an expert
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.

7 Replies

1099 Box 7 Turbo Tax glitch? And CA Source update

It is NOT a glitch  ... it is an incomplete program and it will not be fully operational until sometime in January or February for some things like states.   The program will undergo weekly updates as they complete sections ... this happens every year without exception.  

 

ANY tax software released by any company prior to about January 15 is only released for marketing and market share.  No program is complete and ready to file until the IRS approves their final forms and then individually reviews each program's implementation of the form.  And some tax situations aren't able to be filed until February or March, again mostly due to IRS delays.

 

 

1099 Box 7 Turbo Tax glitch? And CA Source update

Cool. I certainly have no intention of filing til March or so. Just like to run numbers early to check on our income vs spending. I've done this every year for over 10 years in Nov. and never had that box non operational for my testing. Just wanted to make sure I didn't need TT to fix it for me.  (I also use this to help me decide how much to pay in Estimated taxes for the final payments of the year.) I don't always wait til Jan 15th to pay that if I want  a bigger state write off I send it in before Dec 31st. 🙂 

 

1099 Box 7 Turbo Tax glitch? And CA Source update

IRS Form 1099-NEC is the new form for non-employee compensation.  It has not yet been incorporated into the 2020 TurboTax program.

 

IRS Form 1099-NEC, Nonemployee Compensation website - https://www.irs.gov/forms-pubs/about-form-1099-nec

1099 Box 7 Turbo Tax glitch? And CA Source update

OK ... can  I let you in on a secret ... you NEVER have to enter the 1099 info into the program at all ... it is for your use only ... the IRS never gets what you enter ... they only get the total on the Sch C.   So stop wasting time and skip that screen and enter it on the next one. 

 

general income ADDITIONAL income in SE version.PNG

fdjones51
New Member

1099 Box 7 Turbo Tax glitch? And CA Source update

At the risk of offending Critter, I'm experiencing a problem with the 1099-NEC of a different sort. When I attempt to enter state info in boxes 5-7, for the "First State Listed" there are boxes to enter info for 5 and both 6s, but there is no box to enter amount for 7. For the Second State Listed there boxes to enter info for 5. 6 has a box for only the State abbr. There is no box for the Payer's state no. There is a box to enter the State Income.

 

Whenever I go through review, TT says info is missing from the 1099-NEC and it will be deleted if not fixed.

 

Solution?

FredJ

LinaJ2020
Expert Alumni

1099 Box 7 Turbo Tax glitch? And CA Source update

In order to access to box 4-7 on Form 1099-NEC on the screen, you need to click on the box says "My form has other info in boxes 4-7".  It will then expand for you to enter those info.  See image below.

 

@fdjones51

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

1099 Box 7 Turbo Tax glitch? And CA Source update

*(From Earlier note from Critter:  OK ... can  I let you in on a secret ... you NEVER have to enter the 1099 info into the program at all ... it is for your use only ... the IRS never gets what you enter ... they only get the total on the Sch C.   So stop wasting time and skip that screen and enter it on the next one. )

 

Critter, Did you  notice with the new 1099-NEC that isn't true anymore? :( After you told me this I searched on vendor names that had hired me in past tax returns and you were right. They only got a lump amount. But this year, with NEC every single one of those names shows up in what gets submitted with tax returns. So you can't do this anymore. (I can do it for royalties still if I desire. Those royalty payments don't show up under any individual payer's name, like Amazon.) 

Use your Intuit Account to sign in to TurboTax.
By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies