A client sent me a 1099-NEC for 12 monthly invoices for year 2023. However, I actually received 2 payments from 2022 and 10 payments from 2023 in year 2023. The last 2 invoices from 2023 were actually paid in 2024.
My method is to count income when I actually received it in 2023.
The 1099 issued counted income earned in 2023, but not necessarily received
How do I resolve this? Do I ask the vendor for a new 1099? Her accountant said that's the way she does it.
