- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
The best way to handle the 1099-NEC is to enter it as income as usual and also enter an adjusting expense in the other expense section to bring your income back to zero. This way, the IRS will not see unreported income and send you a deficiency notice.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 8, 2021
1:07 PM
128 Views