1. From the Income menu, select 1099-NEC and complete the form. If it’s already been entered, click the pencil icon to edit the existing entry.
2. Once all the information from the 1099-NEC is entered, click “Continue” to proceed.
3. Next, click on “Schedule C – Business Income” to begin reporting the 1099-NEC as business income.
4. If the 1099-NEC should be linked to an existing Schedule C, select “Report this income on a Schedule C that I already created.”
If it’s for a new business, choose “Create a new Schedule C to report this income.”
5. Finally, click “Continue” to complete the linking process.