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January 18, 2021
Question

1099 NEC for Both Spouses From Same Payer

  • January 18, 2021
  • 1 reply
  • 0 views

My wife and I file jointly and we both received a 1099 NEC from the same payer.  I'm having trouble entering the second one correctly through TurboTax Home & Business.  I enter the first 1099 NEC and then go to enter the second and it updates the 1099 NEC for the first one, and enters nothing for my spouse.

 

Am I doing something wrong?

1 reply

Employee
January 18, 2021

If you each received the 1099-NEC for the same business and want to report them separately so that self employment tax is applied equally for each of you then report 2 schedule C’s. To differentiate them add “1” after one business name and “2” after the other and split income and deductions between them. 

February 4, 2021

That doe not seem to work on TurboTax

February 4, 2021

Same here. It won't take the number in both. only one...