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March 2, 2020
Question

DO I have to upgrade my turbotax because I received payment of $13000 as a board member?

  • March 2, 2020
  • 1 reply
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March 2, 2020

If you received a 1099-Misc to report payment received as Board Member, you will need to file a Schedule C for Self-Employment.

 

TurboTax will tell you if you need to Upgrade while you are entering your info, so you can do that as you continue with your return.

 

Click this link for more info on TurboTax for Schedule C.

 

See if you qualify for the Free File Program