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April 5, 2023
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1099-nec

  • April 5, 2023
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    April 5, 2023

    A Form 1099-NEC is used to pay contractors and self-employed individuals, who do not have taxes withheld from their payments, as a W-2 employee does.  
     

    If you have a Form 1099-NEC, TurboTax will ask you to enter in the Self-employment income and expenses section of Wages and Income and will ask questions about your business or self-employed activity. 

     

    This TurboTax Help article explains how Form 1099-NEC works in the return. 

    If you have other questions about a Form 1099-NEC, please share details, so we may better assist. We cannot see your tax return.