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Business & farm
Report the 1099-NEC as received and then make an income adjustment for the difference between what was reported on the 1099-NEC and what you actually received. For example, if the 1099-NEC was for $6,000 but you only received $5,200, add negative revenue of $(800) as a separate revenue item in the "General Income - Business Income not reported on other forms". Be sure to add the same amount to 2024 income.
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March 25, 2024
3:44 PM