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posted Feb 12, 2021 5:44:45 PM

Has the issue with difficulty in carrying 1099 NEC info over to schedule C been resolved?

I called and inquired about the issue and was sent a link to post my email so when the issue was resolved I would get a response.  I resubmitted my email and received notice that the issue was resolved a week ago but have never been contacted about the resolution.  Has the issue ben resolved or not?

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Expert Alumni
Feb 12, 2021 6:13:04 PM

No, it has not been resolved yet, unfortunately.

 

The issue has been submitted and is currently under investigation.  Please click on the following link and sign up for an email notification when it's fixed.  

 

Why am I not able to link my 1099-NEC

 

 

 

Beginning with the 2020 tax year, the IRS will require business taxpayers to report nonemployee compensation on the new Form 1099-NEC instead of on Form 1099-MISC. Businesses will need to use this form if they made payments totaling $600 or more to a nonemployee, such as an independent contractor.  This was done to help clarify the separate filing deadlines on Form 1099-MISC and the new 1099-NEC form will be used starting with the 2020 tax year.