Vanessa A
Expert Alumni

Business & farm

Did the real estate company issue the 1099-NEC's to you or did you issue the 1099-NEC's to someone else?

 

If they issued them to you, then yes, you would need to include these as income not a deduction so you would need to Amend Your Return for 2023.  If you track your overall income for business, and the 1099-NEC amounts are included in your income, you do not need to make a special entry on your return.  

 

If you issued the 1099-NEC's to someone else, then you would deduct them as a contractor expense. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"