PaulaM
Employee Tax Expert

Get your taxes done using TurboTax

If the 1099-MISC income was already reported on your LLC return and flowed through to your personal return, then you can take care of the personally issued 1099-MISC by doing the following:

 

Enter the 1099-MISC in the Less Common Income/Miscellaneous Income section. This will take care of the reporting and match the IRS records.

Then make another entry in the same section, same amount but as a negative number. This will result in a net 0 effect for you.

 

 

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