DaveF1006
Expert Alumni

Deductions & credits

Yes. If your business operates under the cash basis of accounting, technically this income is 2022 income and not 2021.  With this said, you can ask the company to send you a corrected 1099-NEC.

 

If they refuse, I would advise you to report your 1099-NEC as is to avoid any future misunderstanding s with the IRS. IRS has a very good matching system that will match income reported on your return with information recorded on tax forms such as W2's and 1099's. You will wish to avoid any repercussions that might occur over a month's worth of income. 

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