2004578
You'll need to sign in or create an account to connect with an expert.
the NEC is for those who are self-employed. you can either enter the form and all info or enter on schedule C as if you didn't receive the form. the IRS does not get the detail of the NEC entries only the total revenue reported on schedule C.
I missed typed. I wanted to know if I can still claim my profit as a Qualified Business Income (QBI) if I received a 1099 NEC as part of the overall income for my business.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
spanglerc
New Member
meli932000
New Member
newt45
Level 2
Vermillionnnnn
Returning Member
in Education
Robertsonland
Level 3