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.