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I received a personal 1099-NEC for fees earned by my S corporation
Hi, I just received a 1099-NEC to me personally, mailed to my home address, for a referral fee earned through my sole member S Corporation. It is a huge amount and it was deposited in my corporate account for general business use. Now I am freaking out, as I am fearful the IRS will tax me personally for this business income. What are my options?
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‎February 6, 2024
11:13 AM