If you received a Form 1099-NEC for non-employee compensation it should flow to a Schedule C for your business. Please follow these steps: In your return, click Income and Expenses and then click the Start/Revisit box in the Self-Employment section. On the Your 2020 self-employed work summary screen, click on Edit next to your business. Click on the box Add income for this work. On the Let's enter the income for your [XX] work, mark the radio button next to Form 1099-NEC, new IRS form for nonemployee compensation (replaces 1099-MISC) and click Continue at the bottom of the screen. Enter the information from the 1099-NEC on the next screen. You will be brought back to the Here's your [XX] Info screen to select another category of income or expense. When you are finished with this business, click Done at the bottom of the screen. You will be asked a few more questions about that business and then brought back to the Income and Expenses screen.

Question

I have the 1099-NEC form. Completed everything through turbo tax, all looks good, except it keeps asking me to fix the federal return. Schedule C. ??

Forum|Forum|5 years ago
February 22, 2021
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TurboTax Self Employed Online

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Irene2805

If you received a Form 1099-NEC for non-employee compensation it should flow to a Schedule C for your business.

Please follow these steps:

In your return, click Income and Expenses and then click the Start/Revisit box in the Self-Employment section.
On the Your 2020 self-employed work summary screen, click on Edit next to your business.
Click on the box Add income for this work.
On the Let's enter the income for your [XX] work, mark the radio button next to Form 1099-NEC, new IRS form for nonemployee compensation (replaces 1099-MISC) and click Continue at the bottom of the screen.
Enter the information from the 1099-NEC on the next screen.
You will be brought back to the Here's your [XX] Info screen to select another category of income or expense.
When you are finished with this business, click Done at the bottom of the screen. You will be asked a few more questions about that business and then brought back to the Income and Expenses screen.