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April 16, 2023
Question

I'm a engineer working for wages. Turbotax is asking me to fill in some business code for "schedule c", I think it is a bug, how do i get rid of it?

  • April 16, 2023
  • 1 reply
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1 reply

April 16, 2023

If you are working as a contractor and there was no withholding of taxes, as there is with a Form W-2, and you received a Form 1099-NEC them it will need to be reported as self-employment income on a Schedule C.  This will allow you to report your income and your expenses and then calculate self-employment tax. 

This TurboTax Help article can help you determine if you are self-employed.