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Deductions & credits
Thank you for the quick reply. I would have to assume then that the money he earned as a contracted non-employee and reported on a 1099-NEC is being treated as unearned income. That is the only difference between last year and this year and comprises more than 50% of his income for 2020. I'm really surprised that the income on that form is assumed to be unearned.
‎February 28, 2021
2:53 PM