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.

I received a 1099 nec for retiree benefits for opting out of their medical ins. Why does it show in TT as me being a self employed?.

 
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
PattiF
Expert Alumni

I received a 1099 nec for retiree benefits for opting out of their medical ins. Why does it show in TT as me being a self employed?.

The 1099-NEC can be entered for self-employment income and for other income that is not self-employment. 

 

Since the 1099-NEC you received was not for self-employment, follow these instructions so that it won't be considered self-employment income.

 

In your return, go to:

 

  1. Wages & Income
  2. Other Common Income
  3. Select Income from a 1099-NEC
  4. Enter the payer's name
  5. EIN Number
  6. Amount you received
  7. Describe the reason for this 1099-NEC = State what it was for
  8. Does one of these uncommon situations apply?
  9. Click This is not money earned as an employee or self-employed individual, 

 

 

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

I received a 1099 nec for retiree benefits for opting out of their medical ins. Why does it show in TT as me being a self employed?.

Thank you!

Lynne

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