Hopefully this makes sense.
I am a single-member LLC. Some of my customer's are non-profits and are likely going to issue me 1099 forms at the end of the year. During the year, I am recording the money they pay me and am paying taxes against it. I know I'm supposed to enter the 1099 form, but when I played around with old versions of TurboTax, it increases my taxes owed because it's now counting the income twice. The income from them is already being counted by QuickBooks when I make my deposits, and my estimated tax payments are made with that income in mind. However, because now it's also appearing on a separate 1099, how do I tell Turbo Tax that I've already included this income in my report from QuickBooks and have already made the estimated payments for it? Hopefully this makes sense.
