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Deductions & credits
@waves25 wrote:These companies issued 1099-NECs, but did not include the tips since these forms weren't updated by the IRS in time for the 2025 tax year.
Are your tips included in the amount in Box 1 of the 1099-NEC?
The tips don't need to be separately stated on the 1099 for the 2025 tax year, but they still need to be included in the amount in Box 1 of the 1099-NEC.
3 weeks ago