I receive a 1099-NEC for my participation in a vaccine study. Turbotax is now forcing me to complete a Schedule C as though this was a small business. If I go this route, can I claim the mileage deduction from my home to the vaccine lab where the study was performed? If so, how do I handle the 'Payer's Name/Address' on the 1099-NEC not being my home address?
You'll need to sign in or create an account to connect with an expert.
You don't have to report this as self-employment income on Schedule C. To enter the 1099-NEC and not create a business return, you would:
In your TurboTax return, go to
If you do want to deduct your mileage and enter this as a small business, you would enter the information on the 1099-NEC as shown on the form. The payer is the vaccine lab running the study and you are the payee participating in the study. If you do choose to file this as a small business, you will pay self-employment tax on the income after you deduct the mileage expenses.
You don't have to report this as self-employment income on Schedule C. To enter the 1099-NEC and not create a business return, you would:
In your TurboTax return, go to
If you do want to deduct your mileage and enter this as a small business, you would enter the information on the 1099-NEC as shown on the form. The payer is the vaccine lab running the study and you are the payee participating in the study. If you do choose to file this as a small business, you will pay self-employment tax on the income after you deduct the mileage expenses.
thanks!!!
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
boldgem20
New Member
boroth717
New Member
Krugs
New Member
bluemoon
Level 3
ppumgrad
Level 3
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.