Yes, I am being tax twice.
Quicken Books online handles my Federal Withholding, New Mexico Withholding, Social Security, Medicare and FUTI.
The 1099-NEC was entered under 1099-MISC & Other Common Income and under Business Items. I even tried deleting the amount under Other Common Income to see if that would resolve the issue with no luck.
When you enter the 1099-NEC amount under Business Items the tax due goes off the scale, and the reason for it seem to be when you get to the Business Summary page it indicates a Gross Income of exactly twice the amount entered for the 1099-NEC?
I have used Turbo Tax for years and this is the first time that I must be missing something, or Turbo Tax is calculating something wrong.
