1099 NEC for grant

Form 1099-NEC specifically reports Nonemployee Compensation, including grant funds received for child care.

To enter your Form 1099-NEC in TurboTax:

1. Open or continue your return.
2. Navigate to 1099-NEC:
   • TurboTax Online/Mobile: Go to 1099-NEC.
   • TurboTax Desktop: Search for 1099-NEC and select the Jump to link.
   • Select Self-Employment: Even though it might not seem like the perfect fit, select "Self-Employment." This is because the IRS treats 1099-NEC income as non-employee compensation, which typically falls under self-employment.  See the article here.
   • Next enter the amount from box 1. 

• When you’re done, Turbo ask you a few questions and help you through entering any expenses you may have so that you can reduce your taxable income.

[Edited 02/22/2025|05:46 pm PST] @Panthermartin1