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December 16, 2020
Question

When will TTax Business be updated to handle a 1099N? At present it on has the old 1099MISC.

  • December 16, 2020
  • 2 replies
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    2 replies

    Employee
    December 16, 2020

     

    Click on the REVIEW tab to see what it is and when it is estimated to be ready (when operational) ... 

     

    IRS Forms Availability Table for TurboTax Individual (Personal) Tax Products

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    State Forms Availability Table for TurboTax Individual (Personal) Tax Products

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    Employee
    December 16, 2020

    TurboTax Business or TurboTax Home & Business and preparing or entering a 1099-NEC? 

     

    TurboTax Business and TurboTax Home & Business already support preparing Form 1099-NEC.

     

    There is no need to enter a 1099-NEC that you received on the actual form in the program. You can enter it in Home & Business as General Income; the income will still wind up on Line 1 of Schedule C.