Schedule C income vs. 1099-Misc income
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DSloon
New Member

Schedule C income vs. 1099-Misc income

I have a small business and record my income using QuickBooks.  I have TurboTax import my information for my schedule C and it calculates my business income.  Do I still need to add my 1099-Misc's in the personal income category as well?  Or am I over stating my income then?

4 Replies
ee-ea
Level 13

Schedule C income vs. 1099-Misc income

You would be duplicating your income. 

DSloon
New Member

Schedule C income vs. 1099-Misc income

I had a feeling that would be the case - thanks 🙂

sxu2012
New Member

Schedule C income vs. 1099-Misc income

I have the same issue. Basically I already recorded the income in my quickbooks and I got a 1099-misc for this same income.  What is the best practice? Do I record this 1099-misc in the business income section of Turbotax and then remove this in my quickbooks? Is there another better way?

VolvoGirl
Level 15

Schedule C income vs. 1099-Misc income

As long as you already entered or imported the 1099 income yourself or from QuickBooks, you don't need to enter the actual 1099Misc.  Only the total income shows up on Schedule C line 1.  

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