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Get your taxes done using TurboTax
I'm in a similar situation. I'm a partner in a real estate company (LLC) in which I am an independent contractor for the LLC. The LLC sent me a 1099 NEC and K1. The income reported on both is identical. So if I file both, I'm basically showing that I received the same income twice. Do I report both 1099 and K1 still? Or is it OK if I just use my 1099?
‎January 13, 2022
12:51 PM