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Level 2
March 11, 2021
Question

S Corporation

  • March 11, 2021
  • 3 replies
  • 18 views

Trying to do taxes for my S corporation when I worked for another company and they paid me in 1099 ein # I'm the only shareholder also the owner   Is that possible on turbotax 

 business

3 replies

Level 15
March 11, 2021

@Vw56vert  wrote:

Trying to do taxes for my S corporation when I worked for another company and they paid me in 1099 ein #


Which type of 1099?

 

If it is a 1099-MISC for rental income, enter it in the Rentals section.

 

If the 1099 is for services rendered or goods sold, enter it in the Business Income section.

Vw56vert Author
Level 2
March 17, 2021

1099 nec

Level 10
March 17, 2021

Yes, you can enter 1099-NEC in TurboTax business as a business income for your S corporation.  

 

How to File Taxes with IRS Form 1099-NEC