Question

Can I complete the 1099 nec form on turbotax home and business

Forum|Forum|5 years ago
January 23, 2021
1 reply
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I am an a church that pays its preache as an independent contractor. I need to file a 1099nec on him

Please see this information from JohnW222:

Form 1099-NEC, Nonemployee Compensation, is currently only available as a draft IRS form.

It can't be filed yet.

Starting with payments made in 2020, non-employee compensation paid to independent contractors will need to be reported on Form 1099-NEC instead of in box 7 of

Form 1099-MISC.

Once the forms become available, follow the steps below.

Instructions for TurboTax Home & Business CD/Download software

Follow these directions if you're OK with paper-filing your W-2 or 1099-MISC forms. If you want to e-file these forms, use Quick Employer Forms instead.

Note: TurboTax Home & Business for Mac doesn't support the filing of W-2 and 1099 forms.

Launch TurboTax Home & Business.
- If you're already working on a tax return, you'll need to close it. Select New Tax Return from the File menu in the upper-left corner, then answer Yes to save the return you currently have open.
Select Start a New Return.
Select Prepare W-2s and 1099s for my employees or contractors.
Select Choose Desktop and follow the instructions.

Please see this response from JohnW222:

Form 1099-NEC, Nonemployee Compensation, is currently only available as a draft IRS form.

It can't be filed yet.

Starting with payments made in 2020, non-employee compensation paid to independent contractors will need to be reported on Form 1099-NEC instead of in box 7 of

Form 1099-MISC.

R

rfjma

How do I file the 1099-NEC's online if I am using the CD version of Turbo Tax Home and Business? I can't access Quick Employer Forms because it sends me to buy Turbo Tax online. I can't get to creating 1099's on Quick Business Forms without making a purchase. I can create the forms on the Desktop version, but under the "File" tab there is no option to file!

LenaH

In order to access Quick Employer Forms, please go to the Quick Employer Forms Sign-In and enter your login credentials. After you log-in, you should be able to fill in and e-file the forms you need.

@rfjma

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