Hi,
We replaced a common fence along one side of our home property and the property owner agreed to split the expense. The owner was represented by a property management company. I paid the fence bill and was reimbursed for the owner's part of the bill, but now I received a 1099-NEC for the reimbursement amount from the property management company. The 1099-NEC section in TT does not seem to have a way for me to offset this reimbursement, which in no way was income to me. Can anyone please advise how I can report the amount in the 1099-NEC section but then report what it actually was and remove the tax liability? Thank you.
