1099 NEC

Forum|Forum|2 years ago
January 28, 2024
4 replies
13 views

I am trying to figure out how to enter the 1099-nec. I know you enter on the gross of sales on the Sch C but where do I put the information for the company that issued the 1099-nec to my client?

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IRonMaN

Level 15

Just enter a total, the 1099 information doesn’t get transmitted with the return anyway.

Slava Ukraini!

rbynaker

Level 13

Ignore them. Just enter the revenue from the client's books and records. They have books and records, right?

qbteachmt

Level 15

"I know you enter on the gross of sales on the Sch C"

Unless that payer is the only customer they have, you don't enter that 1099-NEC as gross sales. It's informational, and should already be included in the gross sales from the taxpayer. It doesn't get added to what they reported to you as their operational gross.

Don't yell at us; we're volunteers

George4Tacks

Level 15

ProConnect only has direct input for any of the 1099 series IF it has withholding. Even then only the withholding goes anywhere. Include the income into the input the gross amount into the totals of where it belongs.

Answers are easy. Questions are hard!

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