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JayBee331
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Why does turbo tax consider me self employed? I have been retired for over 20 years.

 
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6 Replies

Why does turbo tax consider me self employed? I have been retired for over 20 years.

Did you enter some income on a 1099NEC?    You are posting from online Self-Employed---so it might have upgraded you for something you entered.   If you did not receive self-employment income and want to downgrade then clear and start over.

 

CLEAR AND START OVER

https://ttlc.intuit.com/questions/2586254-how-do-i-clear-and-start-over

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
JayBee331
New Member

Why does turbo tax consider me self employed? I have been retired for over 20 years.

I don't remember ever receiving a 1040NEC.  I'll have to try to find out what a 1040NEC is.  The option to start over from scratch does not seem to be a viable alternative.

 

Thanks for the quick answer!

 

Jim

Why does turbo tax consider me self employed? I have been retired for over 20 years.

A 1099NEC is issued to an independent contractor for non-employee compensation.   Did you work as a consultant or something?    it is okay to use the Self-Employed version of the software---it just costs a bit more--so if you do not want to start over....

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
JayBee331
New Member

Why does turbo tax consider me self employed? I have been retired for over 20 years.

xmasbaby0.  Thanks for the help.  I'll stick with the self-employed version.

 

Jim

JonTerry
New Member

Why does turbo tax consider me self employed? I have been retired for over 20 years.

Go to forms and select the Personal Wks for you. Look at what is entered in Occupation. If it doesn't say Retired, change it. Hope that helps.

Why does turbo tax consider me self employed? I have been retired for over 20 years.

@JonTerry The entry for occupation has no effect at all on how a tax return is calculated or on what version of the software is used.   The IRS only uses "occupation" for statistical purposes.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

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