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Deductions & credits
The only way to properly document it is on Schedule C. The only place that a 1099-NonEmployee Compensation form can be entered on Schedule C.
It is understandable that you do not wish to do this, so the only other alternative is to improperly include it as other income with an explanation and hope the IRS will agree. Your description can read, "1099-NEC healthcare coverage".
You can add it as Other Income.
- I'll choose what I work on
- Less Common Income select Start (or Update) for
- Miscellaneous Income.
- Other reportable income and you can enter your own description(s) and amount(s)
March 10, 2021
7:10 AM