We received a 1099-nec form from a customer, who is a business. In box 1. nonemployee compensation, there is the total this business has spent with us for 2022. What am I supposed to do with this form? We are an LLC, partnership. The amount this business has paid us for 2022 is already included in our "sales". Do I deduct their sales from that amount, and report it some other way on our 1065? Why would one business send another business a 1099-nec?
