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January 27, 2021
Question

It keeps asking for 1099NEC and we don't have one, and it won't let me move on?

  • January 27, 2021
  • 1 reply
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What is a 1099-NEC for?

1 reply

Employee
January 27, 2021

@pmatkht , it is for "Non-Employee Compensation", like  a self-employed contractor, consultant etc.  In the old days this used to reported on 1099-MISC  ( along with a whole bunch of other types of income) -- this is anew form.  I suspect that in earlier years  you had reported to TurboTax  "Non-Employee Compensation" using 1099-MISC and so Turbo Tax is looking to make sure  that if you have one, it is reported.  If you do not have one, just tell it  that you do not have one.