1692154
...
You'll need to sign in or create an account to connect with an expert.
if you have reported your income to include this item, don't add the 1099. there's no necessity to enter it.
@omgwtf wrote:I'm already tracking the income and paying the income taxes on it via QuickBooks.
since I've already reported the income or do I still need to report the form?
You have not reported that income with the IRS. That needs to be done on the tax return you are filing. You probably have made "estimated tax" payments through Quickbooks.
So that income needs to be reported on your tax return for your business. As a separate thing, you should enter on your tax return that you made those Estimated Tax payments.
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.
margaretp40
New Member
spunky_twist
New Member
deesandra-g00
New Member
georgiesboy
New Member
ddm_25
Level 1