Question

Why does TurboTax show the same amount on last year (2021) 1099-NEC as 1099-MISC?

Forum|Forum|2 years ago
April 16, 2023
1 reply
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Why does TurboTax show the same amount on last year (2021) 1099-NEC as 1099-MISC when I did not do contract work for anyone else?

I've never even seen this form before and it's asking if I received one. If I didn't receive any, then why are my amounts from 1099-MISC showing on last year's 1099-NEC?

JohnB5677

We'd love to help you complete your tax return but need more information. Can you please clarify your question?

Is this only information on the 2021 tax return, or is there something on the 2022 tax return?
Which of the forms are you unfamiliar with?
Did you do contract work in 2022?

Form 1099-MISC is used in the reporting of payments that are not subject to self-employment tax – things like rents and prizes. Form 1099-NEC is used for reporting Non-Employee Compensation that is most likely subject to self-employment tax.

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