Delete the 1099-NEC and add the amount under Less Common Income. After you have logged in and are in your return:
- If you do not see all the income categories, Click on the "Add additional income"
- Now scroll to the bottom of the income screen and click "Show More" next to the Less Common Income category
- Scroll to the bottom and click "Start" the Miscellaneous Income
- Scroll to the bottom for "Other Reportable Income" then "Start"
- There you will see "Taxable Court Settlements" indicate Yes and follow the screens to report your proceeds on the1099-NEC
Do not input the 1099-NEC on any screens in TurboTax. Enter the amount on the 1099-NEC through the Miscellaneous Income Screens.
The 1099 Series are informational reporting forms submitted to the IRS by third parties. The IRS then matches the form information to your tax return to insure all income is reported and taxed.
