- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
I received a 1099-MISC that overstated my nonemp compensation. Business was sold and old owner refuses to correct. Where do I enter the adjustment to correct my income?
I have already spoken to IRS. They said to ask Turbo Tax about which line to use in terms of reporting the correct income that was actually received. Should I add a Misc Income item (negative amount) for Income Not Received - Incorrect 1099_MISC? Or is there a better way to handle this?
Topics:
‎October 12, 2020
5:15 PM