Skip to main content
March 2, 2025
Question

My 1099-NEC says Nonemployee Compensation, what do I fill in for "what type of income is on your 1099-NEC?"

  • March 2, 2025
  • 2 replies
  • 0 views
No text available

    2 replies

    DoninGA
    March 2, 2025

    Just enter nonemployee compensation if box 1 of the 1099-NEC has an amount entered.

    March 3, 2025

    Form 1099-NEC shows income paid to a nonemployee for services (for example, an independent contractor).  Generally, amounts paid to individuals that are reportable in box 1 are subject to self-employment tax. If you did work for someone who is not your employer, you can select Self-Employment and TurboTax will guide you through the process of preparing a Schedule C and other forms needed to file with the IRS.  This link may be helpful: How to File Taxes with IRS Form 1099-NEC - TurboTax - Intuit.