You will need to enter this income as a "hobby or sporadic activity". To enter your 1099-NEC as hobby income in TurboTax Online please follow these steps: Go to the Income & Expenses section of your tax return Click Edit/Add for your form 1099-NEC Input the details of your 1099-NEC and click Continue Answer the questions and Continue until you get to the Does one of these uncommon situations apply? page Choose This is not money earned as an employee or self-employed individual, it is from a sporadic activity or hobby (this is not common) and click Continue

Question

I sold a good to a business and now have a form 1099-nec, but I am not self-employed nor do I have my own business. How do I proceed with this form?

Forum|Forum|4 years ago
April 6, 2022
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TurboTax Premier Online

AliciaP1

You will need to enter this income as a "hobby or sporadic activity". To enter your 1099-NEC as hobby income in TurboTax Online please follow these steps:

Go to the Income & Expenses section of your tax return
Click Edit/Add for your form 1099-NEC
Input the details of your 1099-NEC and click Continue
Answer the questions and Continue until you get to the Does one of these uncommon situations apply? page
Choose This is not money earned as an employee or self-employed individual, it is from a sporadic activity or hobby (this is not common) and click Continue