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Get your taxes done using TurboTax
Looking at the instructions for Schedule C, it seems that the IRS actually states that when commissions and fees listed on Line 10 are $600 or more a 1099-NEC should be filed for them. So it would appear that the TurboTax instructions that any amount covered by 1099-NEC should not be listed as commissions and fees is just wrong. I should have checked the IRS instructions on this earlier...
March 25, 2022
4:54 PM