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February 5, 2024
Question

I have entered info from a 1099-NEC into my turbotax Home & Business. On the 2023 Income Summary ("Other Common Income" section) $0 is displayed. How can this be?

  • February 5, 2024
  • 1 reply
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1 reply

KrisD15
February 5, 2024

"Other Common Income" is income not affiliated to a business (Schedule C or Schedule F) nor Rental/Royalties (Schedule E)

If you enter Form 1099-NEC, that income must flow to a schedule as Non-Employee Compensation and NOT reported as "Other Income". 

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