If you received a 1099-NEC, you might very well be self-employed. This does not mean that you run the company. If you earn money for work and are not paid by W-2, you are by default, an independent contractor.
This income should be reported on Schedule C.
- Type "Schedule C" in the search field at the top right hand of the screen.
- Select "Jump To Schedule C" and you will be brought to the section of TurboTax where you can enter or have entered your business income and expense information.
